Life insurance is an important component to most people’s financial picture. Depending upon your needs and objectives, there are many choices to address the duration of the coverage, the requirements to obtain coverage, the flexibility of premium payments and the costs.
Regent Financial Services Financial Advisors can help you to clarify your needs and select the type of insurance, either term, whole life, or universal as well as the amount of coverage you need to meet your objectives.
How do people use life insurance?
It may cover the risk of a premature death during a married couples early years to protect the family home, provide for education for the children or income to permit the surviving spouse to care for the family without seeking outside employment.
Business partners or family members may use life insurance to fund a business succession strategy that can provide for death, disability, retirement or buyout.
Some families find a need for liquidity after estate planning so that important family assets will not need to be sold in order to pay taxes. Others may use excess income from IRA mandatory distributions to fund a non-taxable replacement benefit for their heirs.
For more information on an insurance plan that may meet your needs, please contact one of our Regent Financial Services Financial Advisors at 954-786-5863.
Regent Financial Services are available at 1540 South Federal Highway, Pompano Beach, FL 33062 or by appointment at a time and place of your convenience. Investments and insurance products and services are offered through Infinex Investments, Inc., Member FINRA/SIPC. Infinex and the bank are not affiliated. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk including the possible loss of value.