Senior Life Insurance in Verona
We are the answer if you want to find life insurance in Verona. In order to find the option that is best for you, we’ll take your specific situation into consideration. Secure your financial future. Call us today.
About Senior Life Insurance
Senior life insurance is a contract between an individual and an insurance agency. The customer pays a specified amount at regular intervals, which is known as 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).
Universal & Term life insurance?
With term life insurance, the policy owner pays for a certain amount of time and the benefits lasts for a set period.
Universal or whole senior life insurance is guaranteed for the owner’s entire life. If set up correctly, whole or universal senior life insurance plans can provide easy access to needed funds, while providing tax-advantaged growth of wealth.
There are benefits to each type of senior life insurance. Speak with our senior life insurance professionals in Verona to learn about the best solution for you.
What are the financial benefits of owning a senior life insurance policy as opposed to investing in other ways?
Each type of investment strategy has its pros and cons depending on your particular financial circumstance. The most important thing to consider is selecting a professional financial professional who will consider each case individually.
Who needs senior life insurance?
The answer is simple: everyone. Senior life insurance provides peace of mind to people at any stage of life.
Why should you buy senior life insurance?
- Remove the responsibility of paying for funeral costs from your family members.
- To pay for school fees, utility bills, groceries, and other costs of living.
- Pay off debts that have been left behind, including mortgages.
These are just a few of the reasons why you should buy senior life insurance. Talk to a senior life insurance professional at Retirement Income Strategies to find out more about your options.