Universal life insurance comes with many of the same features as other types of permanent life insurance, including "cash value." With each payment you make toward your policy, a portion of it gets set aside for the future. Left alone, that money will continue to grow and can help to supplement a retirement fund. The federal income taxes are also deferred, so you don't have to pay them annually. Generally speaking, that means that your loved ones won't have to pay income taxes on the life insurance proceeds they receive either.
Our Universal Life Insurance policies are designed to help meet the life insurance needs and financial goals of many of our clients.
Maybe your goal is to ensure that your family doesn't have to shoulder the burden of your funeral costs. Or you might be looking for something that can help supplement your spouse's retirement fund.
Whatever your reason for seeking universal life insurance, we'd love to help.
📲 Contact us for more details.
Now, more than any other point in U.S. history, people are responsible for acquiring their own retirement savings. Two things are certain in life: you will live, and you will die. If you live, you will need a financial source to live on. If you die, your family will need help to get by without your income source. Annuities can help you plan for future. Generally, there are two different types of Annuities:
Immediate – Providing income payments that typically begin within a year after the premium is paid.
I can give good advice on which insurance policy is right for you so that you can enjoy the full extent of your insurance coverage and get the most suitable one for you. You can always ask the most reasonable quote from the expert. .
Life insurance through your employer is NEVER enough.
1) The life insurance only lasts while you are working at that current job.
2) Some jobs do let you convert it to Whole Life and take it with you—however your rates are for the age when you LEAVE, not when you started the job.
3) The amount they give you is probably not enough to cover everything you need, mortgage protection, debt protection, income protection, education protection for your children.
4) It takes time for your beneficiary to receive that money through your employer, days sometimes weeks, sometimes months.
So even if you’re staying with your current employer for 30 years and they’re giving you $250K worth of coverage, when you take your policy you’ll be paying for a 50+ year old. And if something did happen while you were with your employer, it would be a hassle for your family to receive the money. Where with our company, AIL, you receive the money within hours.
Don’t make your family suffer, don’t delay signing up and increase your rates.
If you value what will happen to your loved ones when you are gone you will get life insurance.
GOT FAMILY!?! Kids, Spouse, Mom, Dad, Sister, Brother?! Life happens whether you are ready or not. .
We CAN'T predict problems but we CAN prepare for them.
REMEMBER, it is better to have and not need than to need and not have.
WHEN LIFE HAPPENS TO YOU ARE YOU PREPARED? .
Let me give you a FREE quote.
Don't let a 20 minute conversation/ phone call keep you from properly protecting your family & loved ones!
. 📲 822-2000
Life insurance is something that many tend to put off naturally. We insure our latest technology before our lives. Others, tend to misunderstand either the importance, use or cost associated with life insurance.
In brief (knowing everyone’s situation is different), life insurance is not meant for the person paying for it - it’s for the people of choice we leave behind.
Firstly, and mainly it covers the cost of your funeral which can easily run up to $25k these days.
Secondly, it pays off any debts of choice & doesn’t burden your family with the family responsibility of the above, debts, or in many cases... the loss of your current income.
Think about it... if you were to pass away tomorrow would your families lifestyle change due to money?
Another reason, and more of a personal one, is for elderly care. As a single woman, I personally have enough coverage that will take my mother through her retirement and any medical responsibilities.
98% of my clients are parents to young children who need their parents income.
Unless you're self-insured, meaning you have the required money needed in your assets... you need life insurance.
Paying for life insurance, is paying for a positive financial outcome, if God, said, it was your time.
Injury and illness can happen at any time and it cannot be predicted. However, you can financially protect yourself with Disability Insurance and guard yourself with the right support coverage. Your savings will not be extensively spent if you lay down the right measures. Let's talk. .
LIFE INSURANCE AWARENESS.
It's always sad to see people having to do fundraisers and ask for money to help bury their loved one.
REMEMBER::: We don't buy life insurance because we are going to die but because our loved ones are still going to live. .
Will they have the luxury of being able to grieve you or the grief of having to do a car wash, RIP shirt sell or take up donations in your memory. .
Don't let this be you or even someone you know. You have to be prepared for ANY and EVERYTHING because lives can change in an instant.
People don't usually consider anything as one of their needs unless a situation befalls them. You should not wait for something to happen before taking one step further. Talk to me about getting the right insurance policy so you won't trip over financial humps in the future. .
This is due to my good #termlifeinsurance life insurance policy. How many can say this?? So many deaths in my community and the world lately- it’s a reminder of the importance of #lifeinsurance I’m working to get out of debt and build wealth so that I can be worth more alive than what my insurance policy is for but it brings me joy to know that if something happens to me today my kids will not have to worry about their financial security. If you don’t have life insurance please do yourself and your those who depend on you a favor and get one. *If you are in Ohio my life insurance broker works with a vast array of companies and can get you a policy that meets your needs for an affordable price. DM me for more info. #lifeinsurance#debtfreejourney#wealthbuilding#financialpeace#debtfreecommunity
It's December, a thief's favorite time of year. Your house is empty and filled with fresh new goodies! You need to protect yourself by doing the following: 👉 Keep doors and windows locked 👉 Update your locks 👉 Reinforce doors, windows, locks, and hardware 👉 Use motion-sensing lights inside and out 👉 Be smart about your hide-a-key 👉 Keep your valuables out of sight
When you have lost a loved one to suicide, the last thing you want to think about is money. You want to reflect on the person’s life and provide comfort to those that are impacted the most. However, you will still be brought back to the financial impact of suicide.
How am I supposed to cover funeral expenses? If he/she was the primary breadwinner, do I have enough to provide for my livelihood in the future? What financial obligations am I left with?
These questions and more can add stress to an already overwhelming circumstance. If you have questions about life insurance and suicide, give us a call at (480) 981-6338.
If you or a loved one have experienced suicidal thoughts, call the National Suicide Prevention Hotline at 1-800-273-8255. They are a free and confidential service open 24/7 for people in distress.
Wondering whether term life insurance is a good fit for your family? It's generally more affordable than whole life insurance, and helps you support your family’s financial future if the unexpected happens. Have more questions? I've got answers. Call me to learn more.
Insurance may be one of the things on your must-get checklist, but you usually put off because it didn't have that sense of urgency at the moment. Why is it really important to secure Life Insurance? Check out this blog!
Hi #dfc ! Haven’t posted in awhile, a lot has happened in the past two months while my health took a nose dive and we had to focus on that. Thank goodness for an emergency fund! Seriously!
My medical bill debt has increased as expected. We’re turning off our gazelle intensity gears and plan to pay the minimum on all debts until everything has somewhat normalized and stabilized. Not exactly sure when I will return to work just yet...
I’m still happy about the progress we’ve made though! Our EF is more than $6K now and the student debt is down to $20K. Of course we plan to stay vigilant about budgeting moving forward, regardless of what happens. And with Christmas coming, we need to be extra frugal this year.
I’m so thankful to have taken #financialpeaceuniversity in the past and for the #daveramseybabysteps ! If it weren’t for those teachings, we’d be in a scary place right now. I’m also glad I got #termlifeinsurance before I fell ill. If you haven’t already, I’d highly recommend it! You just never know what life can throw at you.
Keep positive and pushing towards your goals #debtfreecommunity ! 💪🏼🙌🏼
Term Life Insurance, plans available in GTA, is the least expensive and least complicated type of life insurance. It can cover immediate needs or may provide future opportunities to move or convert to permanent life insurance without providing medical proof of health.
Visit: https://www.harpreetpuri.com or Call 416 543 9000
This past Tuesday, I hosted my very first seminar, How Money Work$! I was extremely nervous about it and wanted to make sure that all my attendees found value in the seminar and that they obtained the information that they came to obtain. It was one thing for me to lecture, but that wasn’t enough! I wanted it to be fun, I wanted it to be interactive, so with the help of @brestew3.5 (Stewpendous Creations) this life size board game was created! The game focused on everyday personal finance struggles that we all face as well as the importance of saving. The seminar was a success. We laughed, we learned, we ate, we talked about common personal finance struggles we all face. Some attendees even received gifts! I just want to thank each and every one of my amazing attendees (I suck for not getting a group pic), my boooommmbb friends for their support and allowing me to stress them out and let me brainstorm ❤️🤞🏻. I look forward to seeing you all at the next event, and bringing my game to an event near you 😘. Attendees, feel free to comment 1 thing you learned 🤞🏻.
15 1528 hours ago
With financial literacy, a financial coach and a game plan, the future does not have to be a disaster. A financial roadmap is the answer! It's never too early or too late, to make sure you're on the right path!
Finally, an image that sums up what type of services I am able to provide.
Ever have any questions, would like a complementary review, or see something of your interest and would like additional details or services on. Let me know!
Send me a DM, Email or book an appointment. 🙋🏼♀️