Why Life Insurance
In life, one size does not fit all!
No one person has the same needs, responsibilities, or desires in life. Our plan provides the life insurance protection you expect, but even if you require guarantees, gap protection or lifetime income options, we have a ﬂexible solution that can be custom made to fit your unique needs and goals.
In addition to the valuable protection that life insurance provides to your family or business, we can also emphasize policy features to help meet your financial goals:
Cash Value Accumulation Potential with Protection Against Market Losses
Retirement Income Strategies
Long-lasting Death Benefit Guarantees
Customize your coverage with features and riders that fit your more specific needs.
Access to cash values through tax-free loans and withdrawals
Indexed Crediting Strategies that give you interest crediting options based in part on market changes
Charitable Matching Gift Death Benefit Rider to enhance your donation
LIVING BENEFITS ~ AN ADVANTAGE!
Life insurance you don't have to die to use. Many of us will need assisted care at some point in our lives. We may find ourselves struggling to pay medical bills or have medical debt. This coverage plays a huge role and a great financial relief if you experience a qualifying terminal, chronic, or critical illness, or critical injury.
Caring, planning and protecting what matters most.
WHAT ARE ACCELERATED BENEFITS RIDERS?
Sometimes there’s a large gap between what you need and what you can afford. We offer a rider that can help you close this gap and get you more of the coverage you need at an incremental cost. Accelerated Benefits Riders that let you access the death benefit, while living, in the event of a qualifying illness or injury.
We offer additional riders that can be added to provide an extra safety net or enhanced value for you and your loved ones, such as the following:
Balance Sheet Benefit Rider to waive the policy's surrender charge
Children’s Term Rider to add coverage for your kids
Accumulated Value Enhancements to grow your cash value accumulation potential
Gap Protector Rider to affordably add to your coverage over time
Guaranteed Flex Rider to protect your death benefit
Lifetime Income Benefit Rider for the potential of an income you’ll never outlive
Waiver riders that let you skip payments under certain conditions or hardships
Get Protections from a life insurance policy that give you benefit as you live
• Household expenses
• Adult Day Care
• Home modifications
• Regular bills
• Nursing home care
• Quality of life expenditures
HOW DOES ABR WORK?
Accelerated Beneﬁts Riders are optional, no-additional cost riders that can allow you to access all or part of your death beneﬁt, while living, if you experience a qualifying terminal, chronic, or critical illness, or critical injury. Generally, if you have been diagnosed with a terminal illness that will result in death within 24 months of certification of the illness by a physician or unable to perform certain daily activities (based on specific state-regulated requirements). The benefit payment will be a lump sum. There is no waiting period or annual benefit limit, but there is a lifetime limit on the amount of benefits you can receive across all Accelerated Benefits Riders. You can elect to request the full acceleration, on a discounted basis, and use the lump sum as you wish. You could also choose to leave a portion of the policy’s death benefit intact and receive a partial benefit. Leaving the entire policy intact for your beneficiary is also an option.
Only you know what is in the best interest for you and your family, and only a qualified insurance agent can help you choose the route that best protects those interests. Our agency is dedicated to looking to the future to protect what you’ve built. We are ready to sit down with you and explore your options, so call us and speak to one of our agents about scheduling a consultation today!