Life Insurance in Sun Prairie, WI
Retirement Income Strategies is your life insurance specialists in Sun Prairie, WI. In order to select the option that is right for you, we’ll take your unique situation into consideration. Add a little extra security to your future by contacting us today.
About Life Insurance
In a life insurance policy, 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 lump sum to the designated beneficiary under certain circumstances (usually at the policy owner’s time of death).
What are the pros & cons of term & universal life insurance
With term life insurance, the policy owner pays for a specific time period and the benefits are only available for a fixed period.
Conversely, universal or whole life insurance is guaranteed for the duration of the owner’s life. This life insurance offers easy access to funds and provides tax-advantaged wealth growth.
You can find benefits to both kinds of life insurance. Talk to our life insurance professionals in Sun Prairie to find out the best solution for you.
What are the financial benefits of owning a life insurance policy as opposed to investing in other ways?
Each type of investment program has its pros and cons depending on your individual background. Choosing an experienced financial advisor is the right way to ensure you make the right choice.
Who Needs Life Insurance?
The simple answer? Everyone should buy life insurance.
Why Should You Purchase Life Insurance?
- Remove the burden of paying for funeral costs from your family members.
- To cover college tuition, utility bills, food, and other costs of living.
- To pay off debts that have been left behind, including mortgages.
These only represent a portion of the reasons why you should buy life insurance. Learn more about your options by contacting a life insurance professional from Retirement Income Strategies.