Celebrate Life during Life Insurance Awareness Month

The Hancock Group |
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Life Insurance
Finances
Planning

Life is a remarkable journey, marked by milestones and transitions that shape our experiences and priorities. But no matter where you are on the road of life, we all have similar needs and face similar challenges.

That's why life insurance can play such a key role in your overall financial strategy. And since September is Life Insurance Awareness Month, let’s celebrate the ways that life might impact both you and your loved ones.

  • Income Support - With a life insurance policy that fits your situation,
    individuals may be able to help support their beneficiaries in the face
    of unfortunate circumstances.
  • Debt Management - A life insurance policy can be structured to help
    with debt management, which may lead to improved financial
    stability.
  • Legacy Strategy - Life insurance could help leave a legacy for loved
    ones or be structured to help support charitable causes.

Several factors affect the cost and availability of life insurance, including age, health, and the type and amount of insurance purchased. Life insurance policies have expenses, including mortality and other charges. If a policy is surrendered prematurely, the policyholder may also pay surrender charges and face income tax implications.

You should consider determining whether you are insurable before implementing a strategy involving life insurance. Any guarantees associated with a policy are dependent on the ability of the issuing insurance company to continue making claim payments.

Don't hesitate to contact us today to discuss the role life insurance can play in your overall financial strategy. Whether you want to review your policy or see if you might need something new, we are always here to help.

 

 

This material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, state- or SEC-registered investment advisory firm.

Securities offered through Cadaret, Grant & Co., Inc., Member FINRA / SIPC. Advisory services offered through Hancock Capital Management, Inc., a Pennsylvania Registered Investment Advisor. The Hancock Group, Inc., Allan Hancock Agency, Inc. Hancock Associates, Inc., The Argyle Group, Inc., Hancock Capital Management, Inc. and Cadaret, Grant are separate entities.