Indexed Universal Life Insurance / Guaranteed Universal Life Insurance
Legacy Partners Insurance and Financial Services is a highly rated agency that provides indexed universal life insurance in Pasadena, Sherman Oaks, North Hollywood, and Van Nuys, California. In addition to indexed universal life insurance, we can connect our clients with guaranteed universal life insurance coverage. We also offer term life insurance and whole life insurance.
All of these different options can be confusing, and this is understandable. We provide each and every one of our clients with personalized attention so that they can obtain the right form of coverage. Plus, we endeavor to build lasting relationships, because the insurance needs of our clients will invariably change over the years.
Indexed universal life insurance provides a death benefit and a savings component. It is a permanent form of insurance like a whole life insurance policy, but unlike whole life insurance, the terms can be altered. The savings portion is invested in a broad market index.
Term life insurance is another type of coverage that is not permanent, and it has no cash value. The insurance becomes more and more expensive as you get older. By the time you are 60 or so, the premiums can be exorbitant, and they will continue to rise. Whole insurance with a fixed premium is very expensive for people of this age as well.
Guaranteed universal life insurance can be the ideal solution for individuals that are facing steep term life insurance premium increases. Like term life insurance, the policy does not have a cash value, but the premiums are fixed. They do not go up every ten or fifteen years. When you take out the policy, you determine when you want it to expire. For example, the fixed premium could be guaranteed until you are 90 years old.
Contact Legacy Partners Insurance and Financial Services
Some type of life insurance coverage is a must for all responsible adults. Indexed universal life insurance can be a good choice for many, and guaranteed universal life insurance is another option. The ideal form of coverage will vary depending on the circumstances, we work closely with our clients to help them make informed decisions.
In addition to the cities that we have already mentioned, we also serve residents of Glendale and Northridge, California. If you would like to speak with one of our knowledgeable life insurance specialists, give us a call at 855-966-6884.