Term Life is the most affordable life insurance for the average consumer. If Term is what you can afford it is a great option. Families need coverage. Policies start at as little as $10 a month!
Indexed Universal Life
Indexed Universal Life or IUL's are one of the greatest insurance products on the market. Ask us about the numerous benefits that come along with an IUL policy. For starters, the money you pay in belongs to you, not the insurance company.
Premium Financing is basically an IUL on steroids, it's simply due to the power of compounding interest and leverage. What used to be a tool of the uber wealthy, is now available to $100k+ earners!
Whole Life policies are the predecessors of IULs. They usually come with a performance guarantee near 2% and their performance usually peaks at 5-6%. They are useful for the more risk averse of society and others. There is a general rule in finance, the lower the risk the lower the gains.
Check out our articles describing, comparing, and evaluating various insurance products and services.