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We live in an age of insecurity. We don’t want
to lose what most of us have worked hard for. It’s
important to include life insurance among your financial
options. Life insurance is an old-fashioned way to
protect yourself and your family, and it is still one
of the best products you can own.
No other financial instrument will do what life insurance
can do. The moment your life insurance policy goes
in force, you have the full death benefit guaranteed
to your beneficiary from day 1 – and for as long
as you continue to keep the policy in force by paying
the premiums. Financial planners call this aspect of
life insurance “grating an immediate estate.”
Life insurance can seem complicated. There are more
products than just term and permanent life insurance.
And there are many other riders and variations on the
basic product types.
This is to your advantage. It means greater flexibility
and many options. Therefore, a life insurance protection
plan can be designed to fit the individual needs of
your family.
Various types of policies can serve to protect the
family’s economic future.
Insurers have adapted their products to augment savings
and investment programs.
It’s important to protect your lifestyle and
well being too. Disability income protection coverage
can replace earned income (up to the amount purchased)
in the event of serious illness or injury that prevents
you from working.
A trained life insurance agent can help you choose
from among all the specialized products. Be sure your
agent represents a financially strong company. One
way to check on a company is through the ratings of
such dependent evaluators as Moody’s Investors
Services, Standard & Poor’s, A.M. Best and
Duff & Phelps.
09/03 - BACK
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