Create the Right Strategy
Life Insurance is a financial instrument that answer concerns with strategies. Death benefit is but one benefit. Life insurance is used personally, in business, society, and politically to provide many benefits.
Child Gifting
Step One: In the first year of your child’s life (or NOW), purchase a whole life insurance policy and set a time frame for payments.
Step Two: Once your child becomes older, you can borrow money from the policy to pay for a variety of items (all depended upon your input and the quality of the policy).
Step Three: Transfer ownership of the policy to your child, once it is paid for and the child come to an age of maturity, that you choose.
You have created a legacy asset
Debt Protection
In case there is a loss, personally or professionally, it is important to have the right coverage for yourself and the key members of your family or business. Call for professional assistance.
Mortgage Protection
PROTECTING YOUR LEGACY... use this strategy.
For mortgage protection, If you are married:
Step One: Calculate your mortgage amount and term. If you have 20 years left on your mortgage, you can use a 15-20 year term life insurance to protect your legacy.
Step Two: Both you and your spouse can get policies to pay off the mortgage if the other passes away during the time of your mortgage debt.
A more specialty item can protect against illness, but that would need consultation.
Business Owners Strategies
Business ownership requires having productive relationships that are appreciated through the ability to offer short, medium, and long term benefits and solutions. With this mindset and commitment, you are able to attract the best talent.
Thee are many insurance strategies for business owners. Call for professional assistance.
Independent Agents
INSURANCE AGENTS -
Get an insurance quote here. No obligations.
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