Texas Individual Life Insurance Deciding on the right Texas Individual Life Insurance policy usually depends on your future goals. Whether you wish to provide a tax free income for your beneficiaries, have funds for the payment of the final expenses or estate taxes, replace the income that is lost if you die, or provide a significant charitable contribution, we can help you chose the policy that will fit your needs at an affordable price. Individual Life Insurance can be important for: A source of savings - If not paid out by death benefit, some types of life insurance can have a cash value. Final expenses - using life insurance to pay for funeral and burial expenses. Income for dependents...
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What happens to your family and their finances when you die? This is something that none of us wants to think about. But ignoring it doesn't make the possibility go away. Do you have to sell the house? Will it destroy your savings? Will you have a way to pay for child care or education? Individual life insurance can help take care of those worries. A lump sum of cash just when you need it most. Yes, of course, you can just save for a rainy day. But are you doing that? What would happen if you got hit by a bus tomorrow? We had a new widow come into the office recently. Her husband had died of cancer at 42. Having life insurance didn't bring him back -- but it went a long way to help...
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The principle reason to buy life insurance is to provide a death benefit to your beneficiaries. However, some policies can also serve your needs in estate planning, wealth transfer, estate tax liquidity, and growing your money in a tax-deferred manner. There are three basic kinds of life insurance to consider and we’ve provided an overview of each below. Each individual policy carries its own provisions and benefits and the experts at H.J. Spier can help you determine your best fit. Term Life Insurance- Level term insurance offers a longer term, usually for 10,15,20,or 30 years, in which the premium stays the same each year during the term. Level convertible term is a great way to...
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Individual Life If you have people who depend on you for financial support, it’s important to make an educated decision about life insurance options with help from Kemner Iott Benz. We provide individual life insurance policies as well as group life. Our knowledgeable team can provide one-on-one assessments to determine the most appropriate coverage for your stage in life and goals. We want you to have confidence that your loved ones will be provided for long after your death. As part of a nationwide network of independent agents, we have access to an array of policies and carriers, enabling us to research coverage options for specialized and high-risk individuals as well as more...
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More than half of employers offer life insurance as a standard benefit with the option to increase the death benefit amount, but is it the right decision to purchase more life insurance coverage through your employer or purchase an individual policy on your own? This guide will go over the difference between group and individual life insurance and its advantages and disadvantages. Is My Work Life Insurance Policy Enough? Employer (Group) Life Insurance Basic Term Life Insurance Policy: For some, the policy coverage is a flat amount (A flat $50K of coverage). For others, it is based on one’s salary (coverage = 1.5 x current salary). Advantages: Convenient– Sign up at work, premiums get...
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Individual Life Insurance in Douglas GA & Savannah GA Reassurance for you and your Loved Ones. Carter Thompson Insurance provides life insurance to individuals in Douglas, Savannah, Alma, Ocilla, Hazlehurst, Baxley, and surrounding areas. Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It...
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Individual Life Insurance in Aberdeen and all of South Dakota Reassurance for you and your Loved Ones. Insurance Plus provides life insurance to individuals in Aberdeen, Ipswich, Redfield, Groton, Britton, Leola, and surrounding areas. Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can...
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