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Tuesday, September 29, 2015

Have You Considered Life Insurance?

Many young people do not have life insurance, most people don’t think about the end of their life, especially when they are unmarried or young. It is important to start thinking about getting life insurance when you get married or have kids.

 There are two types of life insurance; term and cash value.  Terms are less expensive, but are limited. They have a designated time period, if you live past the term, you can try to renew them. Term policies will provide a stated benefit if you do pass away during or at the end of the designated time. Cash value premiums are permanent; they gain value during your lifetime and pay out upon the time you pass away. People decide which type of insurance is right for them based on their own needs.

Posted by: Patrick Carroll at 9:29 AM
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This material is intended for historical purposes and may be outdated. Its contents should not be relied upon as current information. For more up-to-date information regarding these topics, contact your financial professional.

All information herein has been prepared solely for informational purposes, and it is not an offer to buy or sell, or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. Securities offered through Triad Advisors, member FINRA/SIPC. Advisory Services offered through ACI Partners, LLC. ACI Partners, LLC is not affiliated with Triad Advisors.