FAQ's
Feel free to look through the FAQs by topic below, or you can read through all of them by scrolling down.
Table of Contents
Annuities
Do I have to pay fees? Fees are optional.
Fees, if paid, are to increase the interest earning potential of your annuity.
Is my money safe in an annuity?
Yes! The annuities that I offer are not exposed to stock market losses.
Can I get an interest rate guarantee for a specific number of years?
Yes! The current 5-year rate guarantee is 5.5%
Can my annuity deposit a monthly amount of income in my bank each month?
Yes! The income can be guaranteed for the rest of your life.
What happens to my annuity when I die?
Your beneficiary will fill out a claim form and send the death certificate to the company. It is a quick and simple process and does not go through probate.
Do I pay taxes when doing a 401K rollover or an IRA transfer?
No! Taxes are only paid when you start taking money out of your annuity.
Life Insurance
Should I buy term or whole life insurance?
Both certainly have their place. Which one is best for you will be determined by your budget, amount needed, and your age.
How much life insurance do I need?
At a minimum, I would advise a policy to cover your final expenses. Other considerations are... is your house paid off, are you married, do you have children, do you have other debts besides your mortgage, and do you want to leave money to a charity?
I have an insurance with my employer. Do I need my own policy?
Yes! Most policies through an employer will end when you leave that employer.
Will I need a medical exam?
It depends on your age and the amount of insurance being applied for.
What if I am in poor health or overweight?
I have plans that I can offer that are guarantee issue. You will qualify regardless of health or weight.
Have other questions?
Let us know how we can help. You can reach out to us for free either through message or by calling.