INSTANT TERM LIFE QUOTES
Powered by COMPULIFE®
Life Insurance - for family protection, growth and peace of mind.
All life insurance vehicles are designed to protect you against financial disaster. There are several types of life insurance to consider when protecting your lifestyle:
Life insurance can be a very affordable instrument to help protect assets, family income, business transference and a host of other financial planning needs.
DO ADOPTIVE PARENTS NEED LIFE INSURANCE? YES.
As a proud adoptive parent of a wonderful son, I understand the financial challenges before, during and following an adoption. One area of specific expectation from the state of TN (other states also) and home study agencies is the presence of active life insurance for adoptive parents. I can assist you in navigating the requirements, selecting the best option and walking with you through that process. I’m an independent Insurance Agent. This means when I work for you, I can truly shop for the BEST rates from the HIGHEST rated companies. Trust an independent agent that can really shop the market for YOU!
Let me help you in this part of your adoption journey.
- Term Life Insurance - Simple, affordable and effective. Term Life can be obtained for 10, 15, 20 and 30 years terms. Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time. Because term life insurance is a pure death benefit, its primary use is to provide coverage of financial responsibilities for the insured or his beneficiaries. Such responsibilities may include, but are not limited to, consumer debt, dependent care, college education for dependents, funeral costs, and mortgages.
- Universal Life - Flexible, affordable and cash accumulation possibilities. Universal Life policies feature death benefits combined with growth opportunity of your money within the policy. Under the terms of the policy, the excess of premium payments above the current cost of insurance are credited to the cash value of the policy. The cash value is credited each month with interest, and the policy is debited each month by a cost of insurance (COI) charge, as well as any other policy charges and fees which are drawn from the cash value, even if no premium payment is made that month.
Life insurance can be a very affordable instrument to help protect assets, family income, business transference and a host of other financial planning needs.
DO ADOPTIVE PARENTS NEED LIFE INSURANCE? YES.
As a proud adoptive parent of a wonderful son, I understand the financial challenges before, during and following an adoption. One area of specific expectation from the state of TN (other states also) and home study agencies is the presence of active life insurance for adoptive parents. I can assist you in navigating the requirements, selecting the best option and walking with you through that process. I’m an independent Insurance Agent. This means when I work for you, I can truly shop for the BEST rates from the HIGHEST rated companies. Trust an independent agent that can really shop the market for YOU!
Let me help you in this part of your adoption journey.
Did you get our postcard?
Frequently Asked Questions:
1) Why do I need Life Insurance?
Put simply, Life Insurance will protect your family in the event of your death. This protection can preserve your assets, pay off your debts, produce an income, afford the education of your children, transfer your business and ultimately give you peace of mind in planning your finances.
2) How does Life Insurance work?
Most types of Life Insurance policies function by paying a premium for a certain amount of coverage (death benefit). The premiums can be for a certain period (Term Life of 10, 15, 20, 30 years) or for longer expectancy (Universal Life).
3) How much Life Insurance do I really need?
There are several methods of calculating your specific need. Among the considerations are your age, income, health & well being, debts and overall financial plan.
4) How much does it cost?
Life Insurance is surprisingly affordable to most persons. Depending upon your level of coverage factored with age & overall health, your monthly premium could cost less than a couple pizzas.
5) How are my beneficiaries helped?
Your beneficiaries will be taken care of in a time of great need. Death benefits are typically paid very quickly and the proceeds are not taxable. Your family will be able to grieve and have the assured protection from your responsible planning.
Mike Smith Financial
(615) 497-1646
mike@mikesmithfinancial.com
Mike Smith is an independent agent offering Life Insurance, Fixed & Indexed Annuities and Long-Term Care Insurance.
Licensed in TN, AL, MI, MN, OH and GA. Mike Smith Financial does not offer legal or tax advice.
Securities Offered Through Avalon Investment & Securities Group, Inc.
404 Avalon Avenue, Suite 200
Muscle Shoals, AL 35661
Phone (256) 381-7840 Fax(256) 381-4832
Investment Bankers Since 1972. Member FINRA - SIPC