Middleton Senior Life Insurance
Retirement Income Strategies is the answer if you want to find life insurance in Middleton. In order to select the option that is best for you, we will take your specific situation into consideration. Call us now to take steps towards improved financial security.
What is senior life insurance?
In a senior life insurance policy, an agreement is made between an insurance provider and a customer. The policyholder pays a certain amount at regular intervals, which is called a “premium”. In return, the company will pay a lump sum to a designated beneficiary under certain circumstances (usually the policyholder’s death).
What is the difference between term & universal life insurance? What are their pros & cons?
With term life insurance, the policy owner pays for a specific time period and the benefits lasts for a fixed period.
Universal or whole senior 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.
Each type has benefits. Talk to our senior life insurance professionals in Middleton to learn about the best solution for you.
What are the benefits of owning a senior life insurance policy compared to investing in other ways?
The benefits and disadvantages every investment strategy will be specific to you, depending on your financial situation. If you want to make the correct choice, you need to find an experienced financial professional.
Who needs senior life insurance?
The answer is simple: Everyone should buy senior life insurance.
Why should you purchase senior life insurance?
- Provide a way for your family to pay for funeral costs.
- To cover the expense of children that may still be living at home.
- Paying off mortgages and other debts.
These only represent a portion of the reasons why you need senior life insurance. Talk to a Retirement Income Strategies senior life insurance professional today to find out more.