There’s a good chance you may have already purchased a life insurance policy for yourself in order to protect your family. But life insurance can be used for so much more.
Whole life insurance – did you know that whole life insurance also includes a cash value component? Advantages include:
There are also riders available for your policy that can be added for Living Benefits, Disability Waiver of Premium, Income Protection Options, and more.Term life insurance – A term policy is written for a specific duration, usually between 10 and 30 years, and has no cash value. Term life insurance typically costs less than Whole Life for a given amount of coverage. However, once the term is over, there is nothing to leave for your family. But it can be converted with a rider established at the time of coverage. You can convert your Term policy to a Whole Life policy without needing a medical exam.
As a member of the Sandwich Generation, you are pulling double duty having to take care of your aging parents, your children, and yourself. It’s easy enough to feel overwhelmed. There is a lot to think about. Let me help you “think out loud.” By asking questions about your financial goals, fears, and frustrations, I can learn about your needs and figure out how I can help.Reach out to me and let’s set up a time to chat. Let me know what your worries are, and I’ll see how I can help. I promise no sales pitches, just a friendly ear to listen and an empathetic heart to guide.