By Jessie A. Kilgore
Life insurance has accounted for 40% of all generational wealth transfers. What is it about life insurance that the wealthy class understand and accept that the middle and poor class don’t?
First, I want you to understand what life insurance is and isn’t. It is a tool to protect your income, assets, and can be used to remove the tax penalty from a monetary transfer after death. It is not a get rich quick type of thing, nor is it a waste of your time and attention. Simply put, life insurance creates an estate that can be transferred and passed down at the time of death. Almost anyone can fill out a quick application and be covered on the spot. Rest peacefully knowing that your children and responsibilities live on with financial peace.
One thing is for sure, we all must die, and a long healthy life was never promised for us here. We must stay prepared and make sure as providers we are still able to care for those we love in our absence. We all have seen families struggle after a loved ones death, don’t let it be yours. The policies are paid out fast, can help cover funeral costs, and pay off large debts including mortgages and automobiles.
I promote Term Life Insurance because the premiums are low and it serves a great purpose if something were to happen to me. My children and my beneficiary will be able to continue a prosperous and secure life. I trust Primerica and their policies are gimmick-free and easy to understand. The terms are excellent and the company has been in business since 1977. We are listed on the New York Stock Exchange, publicly traded, and trusted!
How do you know if life insurance is for you? More information is found on the article below.
I would love to add more value to your estate and family for generations to come. Email, Call, or Text to set up a 20min Zoom call to discuss Life Insurance covering your loved ones.
