LIFE INSURANCE- RETIREMENT - SENIOR BENEFITS
SERVING TEXAS, UTAH, OHIO, VIRGINIA, NORTH CAROLINA, SOUTH CAROLINA, MARYLAND, MISSISSIPPI, GEORGIA
WHOLE LIFE INSURANCE
Whole Life Insurance (Permanent)
- Coverage is more expensive, however it is permanent coverage. It reaches full maturity at age 100.
- Whole life insurance also has a cash value. Each year your policy is in force, you accumulate cash in a savings account, in addition to your death benefit. This cash account is also known as a "Living Benefit" because you are able to receive the cash benefits while you are alive. If you choose to surrender your policy before the age of 100, you would be eligible to receive the cash that has accumulated in your savings account.
- Some types of Whole Life Insurance are also considered investments.
- Many people use it to later convert to a retirement plan.
- Whole Life Insurance or Permanent Insurance is also written based upon the issue age, However you would never have an increase in premiums because there is no need to renew the policy.
- It is guaranteed until the age of 100, unless you surrender your policy, or it lapses.
There are several types of Whole Life Insurance including :
- Adjustable Life
- Universal Life
- Joint Life Life plus Survivor
- Limited Pay Whole Life
HOW DO THE EXPERTS USE WHOLE LIFE INSURANCE
- Learn the how to increase your retirement income by 50%
- Create a retirement fund that you can’t outlive
- Protect your assets from creditors
- Reduce the taxes you pay on your IRA and 401(k)
- Never again pay a interest to a bank, car company or credit card
- Stop losing money in the stock market
- Create a tax-free retirement
- Have safety nets and guarantees in place to give you security and the peace-of-mind you deserve!
- No longer worry about whats happening in the stock market or the economy!
- Have the money you need to fund college for you kids, invest in your business, or buy a vacation home