Find the right coverage for you

It’s never too early to establish and fund your long-term life insurance strategy. In fact, life insurance costs are usually lower at younger ages. Life events, such as marriage, the birth of a child or a desire to create a legacy, can trigger a need for additional life insurance. 

Life insurance is often much less expensive than most people realize. Policies are available to suit nearly any need or budget. If budget is an issue, you may want to consider starting small or with term insurance then add coverage as your needs change and your income grows.¹

Many factors must be considered – including your age, your health, your needs, goals and budget. Your licensed insurance professional can guide you through a discovery process and help you make an informed decision.

It’s beneficial to review your life insurance policies with your agent during important life events such as; getting married, having a baby, divorce, the death of a spouse or on an annual basis to insure you stay focused on your financial plan.

Leaving assets to special needs children could disqualify them from receiving government benefits, such as Medicaid, Supplemental Social Security Income or Social Security Disability Income Insurance. One potential solution is to leave the assets to a Special Needs Trust for the benefit of the child. Structured properly, this trust can enable the child to qualify for government benefits.²

Quality of Life. . .Insurance is a suite of life insurance products. In addition to needed life insurance protection, it also offers no-cost living benefits through QoL^® Accelerated Benefit Riders. If you suffer a qualifying event, the QoL Accelerated Benefit Riders can provide an advance of your policy’s death benefit to cover the costs of care, recoup lost income or any other purpose.

Quality of Life. . .Insurance also offers:

•   The flexibility to choose your coverage amount and duration, even up to your full lifetime.

•   A supplemental retirement income rider that can help protect you against outliving your savings.*

•   The option to accumulate cash value within the policy** that you can access, typically on a tax-preferred basis.

•   The option to add additional discounted term coverage for yourself, your spouse or your children.¹
 

* Feature available on QoL Guarantee Plus

** Feature available on QoL Guarantee Plus, QoL Index Plus II and QoL Performer Plus

Some life insurance policies offer options that provide benefits to help with medical expenses, retirement or other life events. Since you don’t have to die to receive these benefits, they’re called "living benefits." Quality of Life. . .Insurance products include living benefits at no additional charge. These benefits can help make an impact on your lifelong security and peace of mind.

A licensed insurance professional can help you determine which Quality of Life. . .Insurance option may be right for you. Recommendations will be based on a number of factors, including your age, income, current life stage and future financial objectives. Your insurance professional will want to know what’s important to you today and your goals for tomorrow.