Life Insurance in Fitchburg, WI
Our team of life insurance specialists in Fitchburg can assist you through the challenging process of choosing your life insurance policy. We take your unique situation into account in order to select the option that will work best for you. Add some additional stability to your future by calling us today.
What’s Life Insurance?
In a life insurance contact, an agreement is made between a customer and an insurance company. The customer agrees to pay a specified amount, or “premium”, on a regular basis, and the company agrees to pay a lump sum to the designated beneficiary under certain circumstances (generally at the policy owner’s time of death).
What are the pros & cons of term & universal life insurance
Term life insurance is linked to a specified time frame, regarding both the premium payments and the payout.
In contrast, whole or universal life insurance is guaranteed for the entire duration of the owner’s life. If correctly set up, whole or universal life insurance plans provide quick access to needed funds, while providing tax-advantaged growth of wealth.
Each type offers benefits. Talk to our life insurance professionals in Fitchburg to learn about the best solution for you.
How does life insurance compare to other investment options?
Depending on our unique circumstance, there will be ups and downs for every investment strategy. Choosing an experienced financial advisor is the best 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?
- Remove the burden of paying for funeral costs from your family members.
- To cover the cost of living, such as school fees, groceries, and bill payments.
- Paying off debts that have been left behind, including mortgages.
There are many other reasons to get life insurance. Learn more by contacting a life insurance professional from Retirement Income Strategies.