Oak Harvest Financial Group are the top life insurance advisors in the city of Houston. Serving as your life insurance broker, our advisors help find you the best life insurance policy available that meets all of your needs. You and your future are the primary concern with deciding which life insurance policy is best for you. We can even assist you in the best plan of action for utilizing your living benefits.
How have life insurance strategies evolved? For retirees, life insurance is a sound investment for many reasons. Today’s life insurance policies can be a valuable protective tool with respect to retirement planning, business planning and estate planning. Traditionally, life insurance policies have been designed to protect and provide for your loved ones in the event of your death so they could maintain the same quality of life they enjoyed while you were living. Happily, life insurance strategies have evolved tremendously in the past few years and now offer what are known as “Living Benefits.” Innovative new life insurance strategies can provide a variety of enhanced benefits during your life, for your business as well as your estate.
Of course, life insurance will also protect your loved ones from financial devastation in the event of your death. Having an insurance policy will not only supplement any income loss that may interfere with your family’s current quality of life, it will also pay for any lingering debts and medical bills that could contribute to the financial burden on your family at the time of your death.
Life insurance provides peace of mind for your family, your business and yourself. There are many stages of life where the consideration of purchasing a life insurance policy is appropriate:
Of course, life insurance can also be used for transferring assets tax-free, paying estate taxes due, and avoiding the double tax-trap on IRA’s.
Understanding your unique needs is key. As the stages of your life change, so will your life insurance needs. It is important to talk to a life insurance expert to become educated on which strategies are most appropriate for your situation. Having your existing life insurance policy reviewed is crucial for those in or approaching retirement as your current life insurance policy may be outdated and/or lacking some valuable living benefits. Also consider that in retirement, estate planning becomes a priority. As for business planning, there are many options to choose from that can improve your security, profitability, and business continuity. Most business owners simply aren’t aware that most of these choices even exist. This is why education is necessary and contacting an Oak Harvest representative is your first step. Click here to contact Oak Harvest.
It is vital to have any existing life insurance policies reviewed in detail by a licensed life insurance professional. If you bring in your policy and most recent statement, we will be able to provide a complimentary review. The combination of 2 things is driving the value in today’s policies:
These two factors are the primary cause for the innovation and value provided by today’s life insurance policies. Oak Harvest may be able to reduce or eliminate your annual cost, increase your death benefit, or both. Schedule your complimentary life insurance review with an Oak Harvest Financial Group retirement specialist today!