A known sum of money at an unknown time? That is what Life Insurance and the many products insurance companies offer…”Peace of Mind”. There are several types of insurance products available, which accomplish several different goals/needs:
1. Retirement – if used correctly, insurance products such as annuities make for an excellent investment vehicles to guarantee you and your family income for the rest of your lives! With the added benefits of tax-deferred deferred growth?
2. Family Protection – As many of us with families know, we have loved ones to protect and make sure if something should happen, that the surviving family members will not be financially devastated. Traditional life insurance can protect the one’s you love.
3. Estate Planning – We all work very hard to accumulate wealth, and for those that have done well for themselves and their families Life Insurance can help protect the assets you worked hard for and allow you to pass down your assets to your heirs efficiently.