Whole Life Insurance
Whole life insurance offers protection that covers you for your entire life, or depending on the policy up to age 100 or 120 years old.
Premiums can be paid up until the death of the insured, or you can elect to pay a higher premium but pay for the policy over 10 years, 20 years or up to age 65 years old.
Whole Life Insurance
If you're unsure whether life insurance is a good idea for you and your family I know you may be wondering the following:
What Is Whole Life Insurance?
Whole Life insurance covers you, or other "insured person" throughout the life of the insured person. Whole life insurance contains a savings component in wich cash value may accumulate. Interest accrues on a tax-deferred basis. The death benefit is tax free.
PROS:
Covers you your entire life
Most policies have a level premium
Accumulates cash value
Cash value component typically earns a fixed rateof interest
Can take withdrawals or policy loans
Tax free death benefit
CONS:
Higher premium
Withdrawals and outstanding loan balances reduce death benefits
"Life Insurance is the only tool that takes pennies and guarantees dollars"
- Ben Feldman
A DEEPER LOOK AT LIFE INSURANCE
Get The Guide:
What I Wish I Knew Before I Became A Financial Educator
What I Wish I knew Before I Became A Financial Educator reveals the money mistakes I made along my own money journey.
Inside, I'll share the impact of some of the mistakes I made and the money tips and tools I've learned to help me rebound from a low credit score and no financial security.
I'll also share how applying a few key money hacks in your money plan can have long term benefits for you and your family. So you can stop worrying about money, debt and your financial future.
If you've spoken with me before you know I am very open about my journey. It's far from perfect as I'm still learning and applying. In What I Wish I Knew Before I Became A Financial Educator you'll learn from my mistakes so you and your children (if you have children) don't have to repeat them.
Get In Touch
(404) 429-5477
Address: 1441 Woodmont Ln NW, #970, Atlanta GA 30318
Email: [email protected]
Assistance Hours :
Mon – Sat by Appointment Only