Senior Life Insurance
Want to buy life insurance but don’t know which plan you should choose? Speak with our life insurance specialists today. We take your unique situation into account in order to find the option that will work best for you. Call us today to take the necessary steps towards a more secure future.
What’s senior life insurance?
Senior life insurance is a contract between an insurance company and a customer which outlines the obligations of each party. The customer pays a specified amount at regular intervals, which is called a “premium”. In return, the company agrees to pay a lump sum to a designated beneficiary under certain circumstances (usually the policyholder’s death).
What is the difference between term & universal life insurance? What are their pros & cons?
Term life insurance is linked to a specified time period, regarding both premium payments and the payout.
Universal or whole senior life insurance is permanent, guaranteed for the entire duration of the owner’s life. The advantages of this type of senior life insurance include tax-advantaged growth of wealth and easy access to funds.
There are advantages to each type of senior life insurance. Talk to our licensed senior life insurance professionals to learn about the best solution for you.
How does senior life insurance compare to other investment options?
Depending on our unique circumstance, there will be ups and downs for every investment plan. If you want to make the correct choice, you need to find an experienced financial professional.
Who Needs Senior life insurance?
Everyone needs a senior life insurance policy! It really doesn’t matter if you are 25 or 75; you still have a need for this important financial product.
Why Should You Buy Senior life insurance?
- Provide a way for your family to pay for funeral expenses.
- To cover living expenses, such as tuition, food, and bills.
- Paying off outstanding debts, such as mortgages.
These three reasons are just the beginning. Talk to a Safeguard Investment senior life insurance professional today to find out more.
Free Retirement Kit
Before you can plan your retirement, you need to know the facts. This helpful Retirement Kit includes three separate guides that address several topics you should consider when planning your retirement:
- Will You Have Enough Income in Retirement?
- 5 Retirement Planning Missteps to Dodge
- Optimizing Your Social Security Benefits
Enter your info below, and we’ll email you your complete kit.