Life Insurance

If there are people who would be financially impacted if they lost you, you should look into life insurance.

To some it looks complicated. To others, with all the promotion through the mail and television, it looks very accessible. The bottom line is that you want to purchase a plan from a reputable company. In most cases, the premiums are the same regardless of whether you purchase through an agent or go direct. It is almost always in your best interest to work with an independent agent who will shop the market.

Buying or Renting?

Universal Life Insurance is like buying and building equity. There are some benefits like the fact that some of the plans have riders for long-term care and you can take loans out on the cash value. However, for the most part, I am partial to Term Life – you simply pay the premium and have the amount of coverage you selected for the specified term you selected. There are also some interesting riders that can be purchased with some term policies. The Return of Premium rider is nice for the person who is concerned about their life premium being a waste of money..

If you would like to explore your life insurance options or simply get a competitive and comparative quote, please contact me at 800.608.7278 or by email at cjb@cjbconsulting.net

© Copyright CJB Consulting. All rights reserved.