Life Insurance in Fitchburg, WI
Want to buy life insurance but aren’t sure which plan you should choose? Call our Fitchburg life insurance specialists today. We take your unique situation into account in order to locate the option that will work best for you. Stabilize your future. Please call us today.
What’s Life Insurance?
Life insurance creates an agreement between a customer and an insurance agency. The customer agrees to pay a certain amount at regular intervals, which is called a “premium”. In return, the company agrees to pay a lump sum to a designated beneficiary after a specified event (usually the policyholder’s death).
Term & Universal Life Insurance
Term life insurance is linked to a specified time period, regarding both premium payments and the payout.
In contrast, whole or universal life insurance is guaranteed for the duration of the owner’s life. If correctly set up, universal or whole life insurance plans can provide easy access to needed funds, while also providing for tax-advantaged growth of wealth.
You can find benefits to both types of life insurance. Talk to our licensed Fitchburg life insurance professionals to learn about the best solution for you.
How does life insurance compare to other investment options?
The pluses and minuses of to each investment strategy will be unique to you, depending on your financial situation. Finding an experienced financial advisor is the right way to ensure you make the right choice.
Who Needs Life Insurance?
All adults, no matter how old they are, have a need for life insurance.
Why Should You Purchase Life Insurance?
- Provide a way for your family to pay for funeral expenses.
- To cover the expense of children still living at home.
- Paying off mortgages and other outstanding debts.
These are only a few of the reasons why you should buy life insurance. Talk to a life insurance professional at Retirement Income Strategies to find out more about your options.