Life Insurance in Madison, WI
Our team of life insurance specialists in Madison can assist you through the challenging process of selecting life insurance. We take your unique situation into account in order to locate the option that will work best for you. Secure your financial future. Please call us today.
About Life Insurance
In a life insurance policy, an agreement is made between a customer and an insurance provider. The company agrees to pay a lump sum to a beneficiary in the event of the policyholder’s death in return for scheduled payments, or premium.
What is the difference between term & universal life insurance
Term life insurance is linked to a specified time frame, relating to both the premium payments and the payout.
Conversely, universal or whole life insurance is guaranteed for the entire duration of the owner’s life. This form of life insurance offers easy access to funds and provides tax-advantaged wealth growth.
Both types of life insurance have benefits. Speak with our life insurance professionals in Madison to learn about the best solution for you.
What are the financial benefits of owning a life insurance policy as opposed to investing in other ways?
The pluses and minuses of to every investment plan will be unique to you, depending on your financial situation. The most important thing to consider is selecting the correct financial advisor who will take care of your needs.
Who Needs Life Insurance?
Everybody needs a life insurance policy! It really doesn’t matter if you are 28 or 78; you still have a need for this important financial product.
Why Should You Purchase Life Insurance?
- Remove the burden of paying for funeral costs from your family members.
- To cover living expenses, such as tuition, groceries, and bills.
- To pay off mortgages and other debts.
These three reasons are just the beginning. Talk to a life insurance professional at Retirement Income Strategies to learn more about your options.