Life Insurance in Middleton, WI
Retirement Income Strategies is a staff of life insurance specialists in the area of Middleton, WI. In order to find the option that is best for you, we will take your specific situation into account. Secure your future. Call us today.
What’s Life Insurance?
Life insurance is an agreement between an insurance provider and a customer which outlines the obligations of each party. The policyholder pays a certain amount of money at scheduled 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).
What are the pros & cons of term & universal life insurance
Term life insurance means you only pay for a specified time frame, and the benefit only lasts for a fixed period.
Universal or whole life insurance is guaranteed for the owner’s entire life. The advantages of this type of life insurance include easy access to funds and tax-advantaged growth of wealth.
There are advantages to both types of life insurance. Talk to our licensed Middleton life insurance professionals to find out the best solution for you.
What are the benefits of life insurance policy as opposed to investing in other ways?
Depending on our financial circumstance, there will be ups and downs for every investment program. In order to make the proper choice, selecting an experienced financial advisor is imperative.
Who Needs Life Insurance?
The answer is simple: everyone. Life insurance is a product that provides peace of mind to people of all ages.
Why Should Everyone Buy Life Insurance?
- Remove the responsibility of paying for funeral expenses from your family members.
- To cover living expenses, such as school fees, groceries, and bill payments.
- To pay off mortgages and other debts.
These only represent a fraction of the reasons why you should buy life insurance. Learn more about your options by contacting a life insurance professional at Retirement Income Strategies.