Give the Gift of Life Insurance this Valentine’s Day!
Valentine’s Day is only a day away. Are you still searching for that special gift? Consider giving the gift of Life Insurance. Planning ahead to make sure that your loved ones can continue on without having to make sacrifices is the greatest gift you can give. Whether it’s Term, Variable, Universal or Whole life insurance, C.H. Edwards, Inc. can assist in deciding what is best for you and your loved ones.
Maybe you already have Life Insurance? Have you considered reviewing your Insurance? Reviewing your existing insurance program is extremely important. It is very common to purchase insurance and never review it. Insurance companies will not contact you to advise if less expensive options are available or that there may be a problem in the future.
The following are areas of concern for existing life insurance policies, many of which we may be able to help you correct.
-Term Life Insurance: The cost of term Insurance has changed in recent years. This may present an opportunity to save on your current premium. Often you can extend your fixed guarantee period or increase coverage for the same outlay.
-Variable Life Insurance: Careful attention needs to be paid to ensure that the contracts are performing adequately based on the values of the iinvestment. Reallocation or increased premium may be required.
-Universal Life Insurance: These policies are interest rate sensitive. The current lower interest rate environment has affected existing policies. Projections from the existing insurance company often show the policy owners may need to pay additional premium or face losing their coverage at a time in your life when it is needed most.
-Whole Life Insurance: Many of these policies require several years of additional payments before premiums can cease. Although they are often purchased for their cash value growth, you may find less need for the cash and view the policy as an inheritance for your heirs. Sometimes leveraging the cash value for a high death benefit makes sense.
Does all of this seem overwhelming to you? Helping you understand your Insurance is a valuable service C.H. Edwards, Inc. offers to clients. So whether you are already a client or considering joining the C.H. Edwards, Inc. family let us help you give the gift of Life Insurance this Valentine’s Day.
From the Management and Staff of C.H. Edwards, Inc., Have a very Happy Valentine’s Day!
www.chedwards.net
Written by: Denise Visco