Life Insurance Quote Forms
Looking for the best rates? We have access to over 30 carriers, click the following link for quick and accurate rates.
Life Insurance Information
Learn how to be your own bank through the utilization of life insurance -- contact us today!
Very few people understand the power of life insurance in their financial plan. There are many tax advantages, income, retirement, and estate planning strategies associated with life insurance that everyone should be educated on. Give Wolfgang Financial and Insurance Agency LLC a call today for a free educational phone call.
There are many kinds of life insurance, but they generally fall into two categories: term insurance and permanent insurance.
Term insurance is designed to meet temporary needs. It provides protection for a specific period of time (the "term") and generally pays a benefit only if you should die during the term. This type of insurance often makes sense when you have a need for coverage that will disappear at a specific point in time. For instance, you may decide that you only need coverage until your children graduate from college or a particular debt is paid off -- your mortgage, for instance.
In contrast, permanent insurance provides lifelong protection. As long as you pay the premiums and no loans, withdrawals, or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.
It's impossible to say which type of life insurance is better because the kind of coverage that's right for you depends on your unique circumstances and financial goals. Remember, the best way to figure out the amount and type of life insurance that makes sense for your particular situation is to meet with a qualified and licensed life insurance professional. Fill out the Life Insurance Quote form above or contact Wolfgang Financial and Insurance Agency LLC, at which point one of our licensed insurance professionals will spend the time to review your situation and find out exactly what's best for your goals and situation!
Contact Wolfgang Financial and Insurance Agency LLC today and learn about being your own bank through the utilization of life insurance!
*This is not investment advice. All information on this site is for educational purposes only. Wolfgang Financial and Insurance Agency LLC isn't liable for any potential damages that may incur from this information. Always consult a licensed financial professional before doing anything.