Senior Life Insurance in Middleton
Retirement Income Strategies is your life insurance specialists in Middleton, WI. In order to find the option that works best for you, we will take your unique situation into consideration. Secure your financial future. Call us today.
About Senior Life Insurance
In a senior life insurance contact, an agreement is made between a customer and an insurance provider. The customer pays a specified amount, called a “premium”, at regular intervals, and the company pays a designated amount to a beneficiary under certain circumstances (generally at the policy owner’s time of death).
What is the difference between term & universal life insurance? What are the pros & cons of each?
Term life insurance relates to a specified time period, regarding both premium payments and the payout.
Universal or whole senior life insurance is guaranteed for the duration of the owner’s life. The advantages of this type of senior life insurance include easy access to funds and tax-advantaged growth of wealth.
You can find benefits to both kinds of senior life insurance. Talk to our senior life insurance professionals in Middleton to find out the best solution for you.
What are the financial benefits of owning a senior life insurance policy as opposed to investing in other ways?
Every investment program has its pros and cons depending on your individual financial circumstance. In order to make the proper choice, working with an experienced financial professional is vital.
Who needs senior life insurance?
The answer is simple: everyone. Senior life insurance provides peace of mind to people of all ages.
Why should you buy senior life insurance?
- Provide the means for your family to pay for funeral costs.
- To cover the expense of children still living at home.
- Pay off mortgages and other debts.
These are just a few of the reasons why you should buy senior life insurance. Talk to a Retirement Income Strategies senior life insurance professional today to find out more.