A life insurance will give you peace of mind in many aspects of your life, whether if you have a family, you own a business, or you have a key man in your company, it would provide the funds in case to overcome a loss.
Which are the reasons why a life insurance is useful for me?
Family Income Replacement
- Help your family financial future.
- Avoid changing your family lifestyle.
- It could be use for your kids college funds or mortgage payment.
Buy And Sell Agreement
- Business continuation upon the death of an owner.
- Retirement needs for retiring owners.
- Buying-out an owner exiting the business.
- If the business terminates, the LLC can be terminated and policy ownership can be transferred to each business owner tax-free.
Key Employee Life Insurance
- Key employee life insurance is a protection strategy, that guarantees the necessary amount of cash when it is needed to see the business through a time of loss.
- Replace lost sales and profits.
- Provide sufficient cash to hire and train a replacement.
Term:
- Death and living benefits.
- Cost less than you might think.
- 10-15-20-25-30 Year Term.
- Issue ages from 18 to 80 years old (depends on the plan).
- Face Amount from $50,000 to more than 1 million dollars.
- Available underwriting classes: Standard & Rapid Standard, Preferred Plus Non Tobacco, Preferred Non Tobacco, Preferred Tobacco and Standard Tobacco.
- Modal Premium: Annual, Semiannual, Quarterly, Monthly.
- Renewable to age 100.
Whole Life:
- Death and living benefits.
- No addition of financial risk.
- Supplemental retirement income.
- Cash value grows tax-deferred.
- Can access to the cash value anytime through withdrawals and loans.
- Effective tool for passing wealth.
- Issue ages: 18-85 years old.
- Face amount from: $50,000 to more than 1 million dollars.
IUL Index Universal Life Insurance:
- Death and living benefits.
- Index-linked cash value accumulation.
- Income for life.
- Tax advantage.
- Flexible premium payments.
- Issue ages: 18-85 years old.
- Face amount from: $50,000 to more than 1 million dollars.
- Index options and Interest crediting: S&P500, Russell 2000 and BNPP MMA 5 Uncapped.
- No set maturity date: The policy continues in force as long as the cash surrender value remains equal to or greater than $0.
- Loan benefits.
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