Life Insurance

Use Life Insurance to Boost Your Retirement

Everyone should know that life insurance can protect the financial health of your loved ones in case you pass away. But many types of life insurance policies offer a chance to bolster one’s retirement as well. First Senior Financial Group offers a variety of life insurance products which can help you enjoy your golden years.

What Is Life Insurance?

Life insurance is a type of insurance that pays your beneficiaries – your spouse, children, favorite charity, etc. – a certain amount of money at the time of your passing, also known as a “death benefit.” Some types of life insurance also offer a chance to add “cash value” to the policy, allowing policyholders the benefit of having extra money to use for their retirement years.

Types of Life Insurance

First Senior Financial Group offers several types of life insurance. These include:

  • Term Life Insurance
  • Guaranteed Universal Life Insurance
  • Variable Universal Life Insurance
  • Equity-Indexed Life Insurance
  • Final Expense Insurance

There are several benefits these products offer:

  • Peace of Mind – Life insurance offers a “death benefit” to loved ones upon your death and keeps the financial health of your spouse, children, and favorite charities safe and secure.
  • Retirement Funds – Many life insurance plans allow you to earn money on top of the death benefit. This money can be used in several ways, including as a way to add to your nest egg.
  • Guaranteed Returns – Several types of life insurance policies guarantee that you’ll have a return on your investment, providing you with financial security as the years go by.
  • Flexibility – Circumstances change over time. Many types of life insurance policies offer flexibility in the amount you’ll pay in premiums.
  • Estate Planning – Life insurance can be used as a valuable tool when planning the future of your estate upon your passing.
  • Final Expenses – The costs of funeral, casket and burial plots are astounding. Specific types of life insurance can cut down on these costs, allowing your loved ones to celebrate your life instead of worrying about these expenses.

First Senior Financial Group’s many life insurance options can help you Crash Proof your nest egg while also adding to it. Life insurance is a safe retirement vehicle that also provides comfort knowing your loved ones’ financial health will remain secure.

Contact us for a free appointment with one of our life insurance experts today.


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