LIFE Brokerage, LLC represents hundreds of different level term policies ranging from one year annual renewable increasing term to 30 year level term with full refund of premiums and everything in between. That traditional term marketplace of 10/15/20/30 year term has been expanding and now a variety of products exist with those basic versions. These varieties include customized policies that will help deliver the lowest cost to meet your clients' exact determined insurance need.
The clients we serve have a variety of needs and risk tolerance. Our portfolio of available permanent products, including Whole Life and Universal Life, can meet their particular life objectives. Whole Life is a more rigid product that puts pressure on the client to make their payments in full on time, especially in the early years. Universal Life is a more flexible product allowing for re-evaluation as frequent or rarely as possible. For those not averse to risk, Universal Life has upside potential for higher than guaranteed crediting rates. For clients that are comfortable with general account policies, we have both current assumption and indexed universal life policy types. We represent hundreds of policies that fit this description. The flexibility in these products allows for over-funding to create substantial values for future income distributions without the client having to actively manage their insurance portfolios.
LIFE Brokerage, LLC offers a wide variety of traditional fixed and fixed index annuities. The two most common are immediate and deferred annuities. They are long-term investments designed specifically for retirement purposes. Immediate annuities provide periodic payments in exchange for a lump sum premium payment, while deferred annuities accumulate over a variety of surrender charge periods. Depending on what your client needs, both are available to establish financial security.
In this well underserved market, many clients feel that they are adequately protected through their employer's disability insurance. Unfortunately, the impact of taxes coupled with the maximum benefit amounts provided by employers can leave your clients income cut in half or worse once they are on claim. Clients can supplement this income shortfall with an individually owned disability income policy.