Saving for a Rainy Day
As somebody once said: “Life happens when you’re not
looking.” All the more reason to have a plan, a financial
umbrella that prepares you for life’s events along the way.
Wherever you are in life’s journey – graduating from
college, starting a new job, getting married, remarried, having
a baby, celebrating grandchildren, thinking about retirement –
you’ll want a financial plan that shelters you on rainy
days and on sunny days, allows you the freedom to enjoy your life
for the adventure it is.
One smart way to save for a rainy day is with permanent insurance.
Permanent insurance is more than just protection for your family.
The reason is easy to understand: it is built around the idea
of cash value, which accumulates over time. The cash value is
the amount of money paid to the certificate holder when surrendered.
Permanent insurance is an asset with real value that can protect
you for your entire lifetime, providing cash when you need it.
It also offers tax-deferred cash values that, as they accumulate,
can be used to help purchase a home, pay for a child's education,
supplement retirement income, be there for an emergency or allow
you to seize an unanticipated opportunity. Borrowing against the
cash value is an easy, hassle-free benefit of permanent insurance,
but bear in mind that loans from your cash value will reduce the
death benefit of your certificate unless they are repaid prior
to payout.
One of the most important features of permanent insurance is
its versatility. Like an umbrella, it can help you and your family
weather life's storms.
Benefits:
o Guaranteed level premiums
o Tax-deferred earnings – your cash value builds up over
time as interest compounds
o Guaranteed cash values
o Eligibility to earn dividends which can be used to buy more
insurance coverage or applied towards your premium
o Death benefits
o Covers you for life – cannot be cancelled as long as premiums
are paid
The key to understanding and making life insurance work as part
of your financial plan is to work with someone you can trust.
Your Foresters representative is here to help you. You’ll
enjoy an ongoing relationship with your Foresters representative,
who’ll take a personal interest in looking out for you and
helping you plan your future. He or she can conduct a confidential
analysis of your financial needs and discuss the various options
to fit your lifestyle, goals, and aspirations.
For more information on permanent life insurance and how to save
for a rainy day, visit www.Foresters.biz.
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