Life Insurance

Life Insurance

Universal Life Insurance

Universal life insurance is more than a death benefit – it’s a flexible financial tool. Balancing life-long coverage with cash value accumulation, it adapts to your changing needs. Let’s explore how universal life insurance can form a cornerstone of your financial planning and secure your loved ones’ future.

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Life Insurance

Whole Life Insurance

Whole Life Insurance offers more than just coverage; it’s a lifelong promise of protection and stability. From day one, your policy accumulates cash value, growing steadily over time. Imagine the freedom of having a safety net that grows alongside your dreams, providing a solid foundation for your family’s future.

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Term life insurance for young families with kids | Weinstein Wealth
Life Insurance

Term Life Insurance

Term life insurance provides a straightforward, cost-effective solution to protect your loved ones. Offering substantial coverage for a specified term, it’s a safety net for your family’s financial future. Discover how term life insurance can offer peace of mind without breaking your budget.

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Life Insurance

When is Permanent Insurance Really Necessary?

For millions of Americans, the choice between term and permanent insurance can be a confusing one. A number of variables factor in to whether one is more appropriate than the other for most consumers, such as debt level, health and longevity, and the size of one’s estate. There are a number of arguments on both sides stating why one is better than the other, but in virtually all cases, there are a couple of situations where permanent insurance is usually the best choice.

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Life Insurance

What to Know When Switching Life Insurance Policies

Beginning retirement is a big change. Not only is your income changing and your kids finally get on their own, but you begin arranging things for your retirement and perhaps final issues. Our life insurance needs change as our circumstances do. If you’re going to maintain life insurance on yourself but want to alter it, here are some considerations on switching policies for a better deal.

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Life Insurance

Turned Down for Life Insurance? – Here’s What to Do

You’re in good health and see your doctor regularly. So what can you do if your life insurance application is turned down based on the results of the medical exam? Realize first that life insurance companies are in the risk-assessment business – not the diagnosis business.

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Life Insurance

Make Sure You Life Insurance Doesn’t Go to Your Estate

Generally, you designate a beneficiary for your life insurance when you purchase the policy. If you were undecided at that time, then you – or rather your estate – will be the beneficiary. Be sure to update your policy and decide on the best beneficiary or you’ll undermine a lot of the benefits that life insurance payout can give your eventual beneficiary.

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Annuity

Don’t Need Your Annuity? Use It to Buy Life Insurance for Your Beneficiary

When you purchase a deferred annuity all taxes on its earnings are tax-deferred. If you don’t need your deferred annuity, you can leave it for your beneficiary upon your death. Unless the beneficiary is your spouse, he’ll have the option of cashing it some time within a 5 year period, or taking if over his remaining life expectancy. But he’ll have to pay tax on the earnings at his income tax rate.

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