Why People Buy Life Insurance?

For the Death Benefit:

  • To replace earning power at death
  • To pay for cash needs that arise at death

As a Disciplined Savings Program*:

  • To help pay for educational costs
  • To supplement retirement income
  • To take advantage of business opportunities
  • For financial emergencies

Because of the Risk of Waiting:

    To replace earning power at death

    To pay for cash needs that arise at death

For the Tax Advantages:

  • Death proceeds are received free of income tax
  • Cash value accumulations are tax deferred
  • Cash value loans or withdrawals* are free of tax, as long as the policy stays in force
  • Accelerated death benefits are received free of income tax

In Recognition of Personal Responsibility to:

  • Family
  • Banker
  • Mortgage company
  • For the Flexibility:

    • Benefits may be available regardless of whether the policyowner lives, quits, dies or becomes disabled
    • Life insurance is portable; benefits are not lost due to job changes

    * Withdrawals and loans will reduce the policy’s death benefit and cash value available for use.

    Please call my office for an appointment if I can assist in evaluating your life insurance needs.