How Does Life Insurance Work?

Term Life Insurance provides protection for the duration of the term you choose, from only one year, to as many as 40 years, or more. Death benefits are paid to your named beneficiary upon proof of death. Death benefits are not subject to income taxes in most situations. The newest life insurance policies also pay benefits for Critical Illness, Chronic Illness, and Terminal Illness, as well as Long Term Care. The best term life policies also have conversion options and conversion credits. Call me for more information (800) 680-5596.

Who Needs Life Insurance?

Life insurance can be used to pay final expenses, pay off a mortgage and other debts, pay off business loans, replace the income of a breadwinner, fund a buy/sell agreement, replace the economic value of a key person in a business, fund the costs of wealth transfer, preserve and protect assets, minimize taxes, fund pensions, and supplement retirement plans. So, who needs life insurance? Parents, grandparents, married couples, single parents, divorced parents, children, business partners, business owners, key executives.

Is Life Insurance Affordable?

If you only need life insurance for a limited period of time, then Term Life Insurance may be the most affordable solution for you, your family, and your business. If you need protection for more than 30 years, there are other options, such as 35 and 40 year level term, as well as level term to age 85, 90, 95, 100, and even to age 121. These cost more today, but significantly less over a lifetime than shorter term life plans. Call me for more information (800) 680-5596.

“Some companies prohibit agents from advertising their best rates on the internet. If you want to see them, then call me at (800) 680-5596.“– Brent D. Gardner, CLU, ChFC Dallas, Texas