We “shop the market to find you the best insurance value
We work for you, not the insurance companies.
We design a plan to fit your budget
We feel Life Insurance is a necessary coverage. We will propose a solution that you can afford.
We can find coverage for your lifestyle
Marijuana user? Diabetic? We can find coverage
for hard to place risks.
Most common Denver Permanent Life Insurance questions from our clients
What are the disadvantages of permanent life insurance?
There really are no disadvantages to permanent life insurance. However, the initial cost of Permanent Life Insurance policy premiums can be a deterrent to some people. Unlike Term Life Insurance, premiums are based on a lifetime and therefore initially more expensive, however, less expensive in the long run. For this reason, we often propose a blend of Term Life and Permanent Life Insurance for many of our clients.
What is the difference between Whole Life and Universal Life?
The primary difference is Whole Life Insurance offers the strongest guarantees (premium, death benefit, and cash values) of any Permanent Life Insurance plan. Universal Life and Indexed Universal Life policies cannot guarantee all 3. However, Universal Life policies offer premium flexibility which allows the policyholder to increase, decrease or even suspend premium payments if necessary. In addition, Indexed Universal Life, specifically, offers investment options that provide a better return than what you’ll see in a whole life policy.
What is the difference between Universal Life and Indexed Universal Life
What differentiates the Indexed Universal Life (IUL) policy from a Universal Life (UL) is that the growth of the policy’s cash value is based on the performance of an equity index (usually the S&P 500), rather than based on a flat crediting rate that is established by the insurance carrier and adjusted from time to time on the UL policy. In simple terms, it means the potential for cash value growth is much greater with an IUL (in 2019 the S&P index grew 28.88%). An added benefit is the IUL has a 0% floor which insulates you from a year like 2018 (-12.5%).
