Rizzotto tax agency

Life Insurance

Why Life Insurance?

Life insurance is about life, your life. It’s about how you want to live your life right now and 20 years from now. It’s also about how your loved ones will live their lives when you’re gone. Our portfolio of innovative life insurance products offer tremendous flexibility and value. In these uncertain times, life insurance is a must to have in anyone’s financial toolbox. You and your family deserve to have life insurance coverage you can count on – in good times and bad.

What’s Right For You?

There are a few different types of life insurance. For each type, we will explain and offer different policies so you can get exactly what you need, no more and no less. You can begin the process of finding out what’s right for you by contacting our office today for a confidential one-on-one appointment.  The decision on what type and amount of life insurance is all based on your life and your priorities.

Term Life

Perfect if you need life insurance coverage for a specific period of time or have a limited budget.

Term life protects your family with a death benefit but does not accumulate a cash value. Many employers offer it, but the benefit may not be enough to replace your income for very long. Talk to us today to find out if any insurance you currently have would meet the needs of your family.

Universal Life

Ideal if you’re planning for the future and need a versatile insurance policy designed to cover your entire life.

Universal life is a type of permanent policy that can achieve multiple goals. It builds in value over time and provides flexibility in premiums and income options. It also has a death benefit that can be left to your heirs.

Indexed Universal Life*

Gives you the potential for growth at a higher rate of interest without the risk of being directly in the market.

Unlike a traditional universal life insurance policy where the insurance company sets the interest rate, an indexed universal life policy credits interest to your cash value based partly on the upward movement of a major-market stock index.

Whole Life

A form of permanent life insurance, whole life insurance features guaranteed premiums, death benefits, and cash value. Whole life insurance policies also give you the potential to receive dividends, which can increase the value of the policy when the insured is living or provide an increased death benefit for your beneficiaries.

You may want to purchase a whole life insurance policy if you want:

  • Protection for life
  • Payments that stay the same each year
  • To be able to put additional money into the policy on a tax-favored basis
  • Cash value you can use while you are living

 

* Indexed Universal Life Insurance is an insurance contract that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index.  Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company, not an outside entity. Investors are cautioned to carefully review an indexed universal life insurance for its features, costs, risks, and how the variables are calculated.

* Representative of and securities offered through Brokers International Financial Services, LLC. Member SIPC. Brokers International Financial Services, LLC and Rizzotto Tax Advisory Group are not affiliated companies. This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through every advisor listed.

Information presented herein is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Viewers or readers of the information contained on this website, in any articles herein or links to other articles, or posted on any blog or social media site, should be aware that any action taken by the viewer/reader based on this information is taken at their own risk. Any concepts presented herein or links to other articles are hypothetical in nature and intended for educational purposes only. This information does not address individual situations and should not be construed or viewed as any type of individual or group recommendation. Be sure to first consult with a qualified financial adviser, tax professional, and/or legal counsel before implementing any securities, investments, insurance products, or investment strategies discussed herein.

Rizzotto Tax Advisory Group provides tax services which are separate from the securities services offered through Brokers International Financial Services, LLC. Rizzotto Tax Advisory Group does not offer legal advice.

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