LIFE INSURANCE
Your financial security could affect your loved ones as much as, or more than, it affects you. Life insurance offers protection from life's unforeseen risks, and the power to leverage assets so you can accomplish more. Life insurance has tax advantages and flexibilities to help you meet your changing needs. It can provide:
- Financial protection for your loved ones or your business
- Income replacement
- Supplemental retirement income
- Account value growth that can be used as a financial resource
- Tax-deferred asset accumulation
- Efficient wealth transfer solutions
- A funding vehicle for business owners
Our office can provide you with quotes for a range of life insurance products, including:
- Individual Universal Life
- Survivorship Universal Life
- No-Lapse Guaranteed UL
- Indexed Universal Life
- No-Lapse Survivorship
- Whole Life
Long Term Care Insurance
- Tax Qualified Policies
- Pennsylvania Partnership Programs
ANNUITIES
Growing your retirement savings is only one part of planning for your future. Annuities are long-term savings vehicles designed to grow and protect your money leading up to retirement, then turn that money into an income stream you can't outlive. Annuities can either be Immediate (payout begins at purchase) or Deferred (payout begins at a later date).
Fixed annuities
- Provides a monthly payout based on a fixed interest rate
- Can specify payouts for a fixed period of time or for life (annuitization)
- Earnings are not taxed until paid out (tax-deferred)
Most appropriate for clients with low risk tolerance who seek wealth preservation or an addition/alternative to other fixed income vehicles (Bonds, CD's, etc.)
Fixed indexed annuities
- Provides a monthly payout that has the potential to grow (based on S&P 500 Index)
- Can specify payouts for a fixed period of time or for life (annuitization)
- Tax deferred
- Protects against market downturns - your account value cannot fall with the market
- Not an investment, an insurance product
- Most appropriate for clients with low risk tolerance who seek greater growth potential than other fixed indexed products
