Our solutions include estate planning strategies, executive carve-outs, group supplement programs, business key employee(s) retention or loss, buy-sell completion, providing business valuations, risk insurance for people working in the sports and entertainment industry. Our services include access to quoting tools for producers and consumers.
As a wholesaler we have access to 50 plus carriers, providing partners with a back-office support center from appointments, case illustrations, underwriting, policy completion requirements, and delivery. We can play the role of an agent as we are licensed in all 50 states.
AIG, Assurity, AXA, Banner, Brighthouse, Cincinnati Life, Gerber Life, John Hancock, Lincoln Financial, Mass Mutual, Nationwide, Pacific Life, Penn Mutual, Principal, Protective Life, Prudential, Sagicor, SBLI, Securian, Security Mutual, Symetra, The Standard, Transamerica, United of Omaha...
Lasts until a certain age or for a certain time period (anywhere from 1 to 40 years). When the term is up, you can renew your policy or let it end.
Provides tax-free money to your loved ones when you die. They can use it to help cover your final expenses, pay off a mortgage, or as additional income.
You can’t outlive coverage, as long as you pay your premiums. Offers different policies, so you can customize your coverage to meet your needs. The four main types of policy options are:
Most policies build cash value. A portion of the premium pays for the cost of the coverage and any remaining amount accumulates cash value. That money grows over time and can be accessed using withdrawals or policy loans, or used to reduce future premium payments.
Permanent policies offer tax advantages. In addition to providing tax-free money when you die, they also offer a way to grow your money faster in a tax-deferred account (the cash value). When done correctly, cash withdrawals from the policy generally aren’t taxed, either.
The cash value can be used in your lifetime (while still providing a benefit when you die). It can supplement your retirement savings, or help pay for things like medical expenses or your kids’ college education.
You control when and how you take payments from your policy. There’s no early withdrawal penalty, no required distributions, and payouts won’t lower your Social Security benefit.
In exchange for the death benefit, life insurance products charge fees such as mortality and expense risk charges and surrender fees.
Withdrawals and policy loans may decrease the amount of death benefit and cash value. Surrender charges and other policy charges may apply to distributions taken from the policy. If the life insurance policy is a Modified Endowment Contract (MEC), distributions may be subject to income taxes.
Investing in variable universal life insurance involves risk, including possible loss of principal.
All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. Policy guarantees and benefits are not backed by the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.
Typically, yes. Your employer-provided life insurance policy (usually a term policy) offers a base level of financial protection, but isn’t designed to meet 100% of your needs. If you switch jobs, you may lose your coverage—along with any benefits you may have accumulated. An individual life insurance policy stays with you. If your life changes, you’ll have the flexibility to change the amount of coverage you have and how much you pay.
So, when’s the right time to buy a life insurance policy? The earlier the better—it’s not just for people who are married or have kids. The younger (and healthier) you are when you buy, the lower the cost will typically be.
Start by talking with your agent or a member of the IWS team. Together we can help you take a look at the big picture of your life and finances, and determine the best policy for your needs.