In these unprecedented times our attention is being pulled in so many directions that it’s sometimes hard to know what to prioritize. One financial matter that may need your attention is your life insurance used to protect your family and your income.
With the all-time low interest rate environment that we are facing, insurance companies are struggling to maintain the crediting rates they originally promised to their existing policy holders. This could have long term impacts to your coverage and could possible send your policy on a road towards lapsing early, even though you have continued paying your premium for all these years!
Now is a great time to get a review of your life insurance policies. We can make sure that policy meets your needs now and in the future. If you own Whole Life, Universal Life, Indexed Universal Life or Variable Universal Life then you need to check that your policy is performing the way you originally intended. You don’t need any more surprises.
Next step: Pull your most recent policy statement and send it my way and I’ll schedule a time for us to discuss your current plans and future options.
It’s time to review that life insurance to see if it still makes sense for you and your family. Set up a consult to get your life insurance policy reviewed for free!
IMPORTANT DISCLOSURES
This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.
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This Research material was prepared by LPL Financial, LLC.
Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC).
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