Life Insurance comes in a variety of forms, including Term Life Insurance, which covers you for a set amount of time, tends to cost less than other forms, and offers peace of mind that your dependents will be provided for. Universal and Whole Life Insurance, while slightly different in their structure, both provide coverage for a lifetime and can be a way to think about the future and begin "saving" for your future beneficiaries. Choosing life insurance can be a way to both aid your family and plan for a reduced tax burden compared to other methods of investing.
Life Insurance comes in so many slightly different forms and from so many different companies that it can be helpful to receive assistance in selecting the right option for you. Life Insurance Services give you a range of options for your life insurance needs so that you don't feel stuck with, for instance, only a particular term policy option or only a rather expensive Universal policy. Comparing policies and understanding your benefits are just part of what you'll want to do before signing up for a particular policy.
At Altus Wealth Group, a Life Insurance Financial Advisor can help you look at your bigger financial picture and identify which factors matter the most to your choice of life insurance. The reason that these options exist, after all, is that different individuals and families need insurance for different purposes: whether you are looking to replace potential lost income, pass wealth on to beneficiaries, or gain tax-deferred wealth accumulation, Altus will help you select from the policies available based on your particular needs.
Altus Wealth Group has experience with a variety of life insurance options and can guide you to the best option for you and your family.