Uses Of Life Insurance:

What does it do?
Life Insurance is a unique financial product. It was designed to provide a death benefit for your beneficiaries if you die, but permanent life insurance can be used for a multitude of other financial needs as well. People like your children, spouse, or aging parents or siblings who depend on your support.

With permanent life insurance, you can protect against death, yet plan for life. The primary purpose of life insurance is to provide income-tax-free death benefits, but life insurance can be used for other purposes as well.

In addition to valuable death benefits, permanent life insurance contains a cash value element that grows tax-deferred (with no immediate taxes) inside the policy. This cash value can then be accessed through income-tax-free loans and withdrawals that can be used to meet a variety of purposes*.

Plus, because you don't have to pay current taxes on your cash accumulation, your principal is not reduced; as a result, your money grows faster.

With life insurance you can meet a variety of other financial needs. You can...

>  Fund a college education
>  Supplement retirement income
>  Provide cash in emergencies
>  Emergency Fund Calculator -
>  Reward key employees or continue a business

How Much Does It Cost?

The amount of each premium payment generally depends on factors such as your age, gender, occupation, medical history and whether you intend to build up cash value in your policy. Some policies may require a medical exam and other underwriting requirements.

Who needs it?
Most people need life insurance. To really find out if you need Life Insurance ask yourself this: How would your loved ones be effected if you were to pass unexpectedly? Would they have the money to pay for your final expenses (e.g., funeral costs, medical bills, debts, fees, etc.)? Would they be able to meet ongoing living expenses like the rent or mortgage, food, healthcare, etc? What will happen to your children, will your spouse be able to provide for them or put them threw college?

Types Of Life Insurance:

Term Life

If you want affordable, temporary coverage, some Term policies that can be converted to permanent policies once your financial circumstances change.

Universal Life

If you want Whole Life coverage and the flexibility of adjusting your premiums and death benefits, there's Universal Life.

Whole Life

If you want the security of level premiums and guaranteed coverage, there's traditional Whole Life.

Variable Life

If you want to try the investment market, there's Variable Universal Life, which provides a guaranteed death benefit1 and the opportunity for you to invest your premiums in various Separate Account investment portfolios. Digital Prospectus -
(Request Prospectus on CD)
 

Annuities

Annuities are a different type of life insurance product. They allow you to build cash values through a tax-deferred method of cash accumulation.

life insurance term life insurance quote universal life insurance quote term life insurance life insurance quote whole life insurance life insurance policy life insurance company life insurance settlement life insurance online low cost life insurance life insurance lead met life insurance term life insurance rate life insurance rate atlanta life insurance life insurance quote online whole life insurance quote globe life insurance term life insurance quote online gerber life insurance cheap life insurance cheap term life insurance new york life insurance universal life insurance mortgage life insurance met life dental insurance life insurance agent child life insurance life insurance no medical exam prudential life insurance free life insurance quote affordable life insurance life insurance comparison mega life and health insurance senior life insurance american income life insurance life insurance corporation of india american general life insurance aarp life insurance globe life and accident insurance american life insurance term life insurance company colonial penn life insurance affordable term life insurance compare life insurance sun life insurance life insurance broker guardian life insurance term life insurance policy john hancock life insurance life insurance no exam mega life and health insurance company metropolitan life insurance great west life insurance met life auto insurance zurich life insurance instant term life insurance quote discount life insurance free life insurance best term life insurance rate new york life insurance company permanent life insurance colonial life insurance free term life insurance quote term life insurance no medical exam whole life insurance online quote metropolitan life insurance company group term life insurance best term life insurance quote life health insurance low cost term life insurance american income life insurance company whole term life insurance primerica life insurance monumental life insurance term life insurance online group life insurance quote term life insurance rate whole life insurance policy instant life insurance quote standard life insurance auto insurance life insurance health insurance liberty national life insurance level term life insurance life insurance uk hartford life insurance no medical life insurance variable universal life insurance life insurance rate quote decreasing term life insurance northwestern mutual life insurance banner life insurance life insurance co american general life insurance company life insurance company rating protective life insurance globe life and accident insurance company term vs whole life insurance mega life insurance