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- (877) 653-9239
- info@ffglobalcap.com
Insurance and AnnuitIES
You define your future
LIFE INSURANCE
Choosing The Right Life Insurance Policy Starts With Understanding Your Needs
A life insurance policy provides your family and loved ones with financial peace of mind, knowing they will be taken care of if you are no longer there to provide for them.
Benefits of life insurance
Protect your family
Your beneficiaries could use the money to help cover essential expenses, such as paying a mortgage or college tuition, or to pay off debt.
Retirement Supplement
If you purchase a whole, universal, or variable life insurance policy, it can accumulate cash value in addition to providing death benefits.
Estate planning
Your heirs may need to pay an estate tax upon receiving an inheritance. Life insurance may be used to partially or completely offset this cost.
Business continuity planning
It is a process for creating systems of prevention and recovery to address potential threats to a company.
Charity contributions
This can help ensure your philanthropic goals are met after you pass away, and that benefits are provided to your charity of choice.
General types of life insurance
Term Life Insurance
A term life insurance policy offers affordable, straightforward protection for a defined time period. It's usually less expensive than other insurance options. If you pass during the covered period, your family receives a death benefit; it's intended to cover funeral expenses, pay off mortgages, pay for your children's education, and replace your lost income.
Index Universal Life Insurance (IUL)
A universal life insurance policy offers flexible protection that can last through your lifetime, and it includes various cash accumulation options. Universal Life allows for some cash value growth through an equity index account. Unlike investing directly in an index fund, your returns are only positive; you won't lose when the market has a downturn.
Whole Life Insurance
A whole life insurance policy offers predictable lifelong protection with the most guarantees; whole life has a fixed premium and death benefit. After a preliminary funding period, the death benefit is certain; however, whole life offers the ability to also borrow against or even withdraw from the cash account while you're still alive.
Why get a Life Insurance with a CFP?
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We work closely with our clients, beginning with a process designed to understand their individual needs.
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Once we understand our client's precise goals, we search for the best policy for them among several possible companies and choices.
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We use our knowledge and experience to assess your unique insurance needs and then find the best coverage and value from our wide range of available products.
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Our primary duty is to you, our client.
Frequently Asked Questions
How Much Life Insurance Do I Need?
The amount of life insurance you need may depend on how much your family will need for future expenses after you pass away. You should consider your family’s comprehensive future expenses and income, including major life events.
How many years should I choose for my policy?
It depends. The period of time you’ll need coverage for should be the main factor. For example, if you have young children, you may want to consider 20 or 30 years of term life coverage to help your children for college or other future financial endeavors. On the other hand, if your children are out of college and supporting themselves, a shorter coverage period might suit your needs better.
How much does life insurance cost?
Life insurance through your workplace may be more affordable than you think. In fact, many people can get term life insurance coverage from a quality company for a surprisingly low price.
Life insurance gets more expensive as you get older, and the type of coverage you choose will also affect your premium. Rates for term insurance are typically lower, while rates for permanent policies are typically higher.
ANNUITY Annuities are intended to provide you with an income stream for your retirement years.
There are several different types of annuities in the marketplace. The type of annuity you choose will depend on your individual situation, your long-term goals, and how comfortable you are with risk.
Finding Balance on the Investment Continuum
Common types of annuities
Why Choose an Annuity?
Tax-Deferred Growth
Annuities allow the investor to save money without paying taxes on the interest until a later date.
No Contribution Limits
Annuities have no contribution limits, unlike 401(k)s and IRAs which do, annuities can be a great supplement these useful saving products.
Living Benefit Riders
Guarantees a stream of income for the rest of your life no matter how long you live and annuities may also provide principal protection.
Earn Interest On Your Investment
Fixed-rate annuities provide a guaranteed rate of return; RILAs and variable annuities allow you to potentially grow your investment.
Death Benefit
A guaranteed minimum return of the invested capital, or lock in the annuities gains for your beneficiaries, while also avoiding probate.
OUR FEATURED Annuity products provides you
A minimal interest credit of 15% for 5 years
with uncapped gain tracking strategies including the Nasdaq Fast Convergence (FC) index.
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Growth is tied with the S&P 500 index
but includes 10% downside protection.
