Financial Protection: Life INsurance |
Life Insurance OverviewWe all can agree that planning for the financial well-being of our families is certainly a subject we should give some serious thought to. And, that’s the purpose of the following information – a serious, though not complicated, look at “the truth about life insurance” and why it’s important to you.
First-of-all, let’s cover one simple truth right away … it’s not a pleasant thought, but it is a necessary one: Life insurance is primarily about what a person is going to leave to his or her heirs after he or she dies (and the “what” means m-o-n-e-y). But, life insurance can also provide so much more than death benefits; in fact, life insurance can be a very good way to build personal wealth that can be utilized by YOU prior to your death. Buying life insurance can be very confusing, particularly today, because you have so many choices. If you have ever considered, “What is the best type of life insurance to own?” the simple and best answer is “The type of life insurance that is in force on the day you die.” That may sound like asalesperson’s snappy response, but it is really the solid truth! However, most Americans have many, many other questions bouncing around in their minds when they get around to giving serious thought to buying life insurance. Here are a few of those important questions:
What is Term Life Insurance?It should come as no surprise to you that “term” life insurance includes a "specific period of time" that the policy will pay a death benefit to your heirs only if you (the insured) die.
Types include:
What is permanent life insurance?
Permanent Life Insurance provides you with coverage throughout your entire lifetime, and it may include a way for you to build “cash value" in your policy.
Types include:
Need help deciding which life insurance policy best fits your needs? |
Read our Life Insurance GuideASK US A FINANCIAL QUESTIONEveryone’s financial situation is unique and there is NOT a one-size-fits-all retirement plan. Ask us any question and we'll provide you with an accurate answer.
|
Contact Us:Cathy Mendoza
Founder of CM Financial Strategies Investment Adviser Representative: Virtue Capital Management 11501 Dublin Blvd. Suite 200 Dublin CA 94568 Tel. No. (925) 452-8286 Fax No. (925) 237-3733 Direct Line (925) 452-7582 Mobile No. (510) 610-2069 Need Help Making a Financial Decision? |
DISCLAIMERS:
Investment advisory services offered through Virtue Capital Management, LLC (VCM), a registered investment advisor. VCM and CM Financial Strategies are independent of each other. For a complete description of investment risks, fees and services, review the Virtue Capital Management firm brochure (ADV Part 2A) which is available from your Investment Advisor Representative or by contacting Virtue Capital Management. Information provided is not intended as tax or legal advice and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Insurance and annuity products are not sold through Virtue Capital Management, LLC (“VCM”). VCM does not endorse any annuity or insurance product nor does it guarantee any annuity or insurance product’s performance. Index or fixed annuities are not designed for short term investments and may be subject to caps, restrictions, fees and surrender charges as described in the annuity contract. Any guarantees mentioned are backed by the financial strength and claims paying ability of the issuing insurance company. CM Financial Strategies is not affiliated with the Social Security Administration. We do not warrant anything on this website, although we hope everything is accurate. We do not provide legal or tax advice. We are not responsible for any independent decisions made from information found on this website or links provided to external websites. You need to conduct your own research and consult with a financial professional about your personal situation before making any financial decisions. INFORMATION CONCERNING COPYRIGHT INFRINGEMENT CLAIMS: We provide links from its website to various third party sites which may enable you to obtain locations and information outside of our control. We neither control nor endorse such other websites, nor have we reviewed or approved any content appearing on them. We do not assume any responsibility or liability for any materials available at these websites, or for the completeness, availability, accuracy, legality or decency of these sites. |
© 2021 SMP International LLC