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Types of Life Insurance - Permanent & Term Life Insurance Lincoln NE

Permanent life insurance provides you with a saving's account coupled with a life insurance policy, in most cases. Premiums tend to be higher in part because many of these policies will develop a 'cash value' over time. Now, if you really want to save money you are generally better off with a savings account.

Michael Collins
6600 O Street
Lincoln, NE
Service
Wealth Engineering,Pension for Highly Compensated Owners,Stock Market Alternative,Reverse Mortgage,Disability Insurance,Retirement Planning,Real Estate Investment Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Fee-Only Comprehensive Financial Planning,Portfolio Engineering,Mortgage Refinancing,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Alternative Investments,Annuities,Alternative Asset Class Planning,Investme

Data Provided by:
Assurity Life Insurance Company
(402) 476-6500
1526 K St
Lincoln, NE
 
Forsyth Insurance Agency
(402) 483-7861
1265 S Cotner Blvd Ste 21
Lincoln, NE
 
R Hoy, Dean - State Farm Insurance Agent
(402) 489-7171
3883 Normal Blvd
Lincoln, NE
 
Krikac, Vinnie - State Farm Insurance Agent
(402) 474-1173
935 Plum St
Lincoln, NE
 
Christopher M. Collins (RFC®), CFP, CLU, MSFS
(402) 438-5500
2200 Fletcher Ave., Suite 100
Lincoln, NE
Company
Tomorrow's Money
Qualifications
Education: AA, BA, MS
Years of Experience: 37
Membership
IARFC, SFSP
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Retirement Planning, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Compensation Plans

Data Provided by:
Michael Cooper Insurance Agency
(402) 610-0274
1401 N 56th St Ste 112
Lincoln, NE
 
MHFS Agency
(402) 489-6110
2320 S 48th Ste 101A
Lincoln, NE
 
Executive Insurance Associates
(402) 465-4554
7500 South St
Lincoln, NE
 
Hudson Financial Group Inc
(402) 802-9246
8700 Executive Woods Dr Ste 500
Lincoln, NE
 
Data Provided by:

Types of Life Insurance - Permanent & Term Life Insurance

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Types Of Life Insurance

Life insurance gives you some options

In most cases, term life insurance is your best buy. This is because your need for life insurance actually decreases over time - when your mortgage is paid off, when the kids are already through college and on their own or when you are into your retirement years.

Permanent life insurance provides you with a saving's account coupled with a life insurance policy, in most cases. Premiums tend to be higher in part because many of these policies will develop a 'cash value' over time. Now, if you really want to save money you are generally better off with a savings account. However, for some people, the need to 'liquidate' a life insurance policy in order to get the cash helps to protect these savings.

Think carefully. You'll pay a higher amount for the life insurance at the same time that you are getting the 'cash value' on the policy. Because it does develop a cash value, you are in fact increasing the risk to the life insurance company. Therefore, it's going to cost you more.

For more information regarding life insurance check out the following pages: Life Insurance , Why do I need life insurance , How do I decide what I need , What types of life insure can I get , Permanent life insurance , Whole life insurance , Universal life insurance , Term life insurance , Other types of life insurance and don't forget to check out the How can I reduce life insurance costs page.

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