What is the difference between term and whole life insurance?
Term life covers you for a set period, such as 10, 20, or 30 years, and is usually the most affordable option. Whole life and other permanent policies last your entire life and can build cash value over time, but premiums are higher.
How much life insurance do I need?
It depends on your income, debts, mortgage, number of dependents, and future goals like college costs. A common starting point is enough coverage to replace several years of income and pay off major debts. We'll walk through the numbers with you.
Can I get coverage if I have a health condition?
Often, yes. Many carriers offer coverage for people with conditions like diabetes or high blood pressure, and some policies require no medical exam at all. We shop multiple carriers to find the best fit for your health history.
What is Indexed Universal Life (IUL)?
An IUL is a permanent life insurance policy whose cash value can grow based on the performance of a market index, with a floor that helps protect against losses. It combines a death benefit with potential long-term cash value growth.
What are living benefits?
Many policies include riders that let you access part of your death benefit early if you're diagnosed with a qualifying chronic, critical, or terminal illness, so your coverage can help you while you're still living.
What is an annuity?
An annuity is a contract with an insurance company. You contribute money, either as a lump sum or over time, and in return it can provide guaranteed income, often for the rest of your life.
What types of annuities are there?
The main types are fixed annuities (a guaranteed interest rate), fixed indexed annuities (growth tied to a market index with protection from losses), and variable annuities (invested in market subaccounts with more risk and potential reward). Each serves a different purpose.
Can I lose money in an annuity?
Fixed and fixed indexed annuities are designed to protect your principal from market downturns. Variable annuities can lose value. Keep in mind that early withdrawals beyond the allowed amount may trigger surrender charges.
Can I roll my 401(k) or IRA into an annuity?
Yes. Retirement funds can often be moved into an annuity through a direct rollover or transfer without triggering taxes. We'll help coordinate the paperwork with your current provider.
What debt solutions do you offer?
We help clients with debt consolidation strategies, structured payoff plans, and connecting them with debt relief programs for credit cards, medical bills, and personal loans. Our goal is to help you get out of debt faster and pay less interest.
Will a debt solution hurt my credit score?
It depends on the option. Consolidation and structured payoff plans can improve your credit over time as balances drop. Some relief programs may lower your score temporarily. We'll explain the trade-offs before you choose.
How long does it take to become debt-free?
Most plans take between 24 and 48 months, depending on how much you owe and what you can afford to pay each month. During your consultation, we'll estimate a timeline based on your situation.
Is the consultation free?
Yes. Your first consultation is free and comes with no obligation. We'll review your goals, answer your questions, and show you your options.
Do you work with just one insurance company?
No. We work with multiple highly rated carriers, which lets us compare options and find coverage and rates that fit your needs and budget.