Life Insurance, College Savings, Retirement Income, Annuity
RIJU R. SAM
At your service from 2009
INSURANCE AND ITS IMPORTANCE
Insurance is a social device for spreading the chance of a financial loss among a large number of people. The insurance company or insurer receives small amounts of money, referred to as "Premium", from each of the large number of people buying insurance. Thus, a large uncertain loss is traded in this way for a small certain loss, "the premium". By purchasing insurance, a "person" shares risk with group of others there by reducing the individual risk of a disastrous financial loss.
IS YOUR AGE AND HEALTH AT YOUR CONTROL?
Life Insurance premiums increases with Age. If a health problem occurs before you obtain coverage, you could face higher premium or be denied coverage entirely. Before the policy is issued, insurance companies reviews the Height-Weight Ratio, Medical Records, Tobacco / Alcohol / Drug Usage, Doctor Reports, etc. It is wiser and cheaper to get life insurance coverage when you are young and healthy.
INSURANCE FROM WORK - FOR HOW LONG?
Most policies from work are annually renewable and have limitations or restrictions. Work policies may get cancelled if you quit, lose your job, retire, or if your employer cancels the coverage. With a life insurance (individual policy) outside of work you don't have to worry about those uncertainties.
MOST VALUABLE ASSET - CAR, HOME, INCOME?
A person who earns $100,000 a year and works for the next 30 years, will earn a total salary of $3 Million. Without a doubt, this $3 million asset is probably greater than the value of any other asset they own. You insured your car, home, and other investments. Is your income (your most valuable asset) insured?
MIX & MATCH strategy
Combine policies to provide lifetime insurance, critical, chronic and terminal illness coverage, return of premium, guaranteed lifetime income, etc. Get better coverage and policy riders at a lower cost. I represent over 20+ companies, and have access to over 200+ insurance and savings plans to choose from.
Ask for savings policies that grow "tax-deferred" and benefits from the power of TRIPLE COMPOUNDING. That is you earn interest on your principal, you earn interest on your interest, and you earn interest on the money you would otherwise have paid taxes on the interest received. Get Market Returns WITHOUT the market risk with a MINIMUM guaranteed interest rate.
LIFE INSURANCE YOU CAN USE WHILE LIVING
Living benefits pays a portion of the life insurance early, when the insured is alive, but is critical, chronic, terminally ill or, if the insured is permanently confined to a nursing home. Thus this policy protects the family with Life Insurance and protects and pays the insured with "Living Needs" coverage.
COLLEGE SAVINGS - WHOLE LIFE INSURANCE VS 529 Plans
Whole Life plans have attractive interest rates, regular dividends and no downside market risk. That’s right, zero risk. Whereas many college savings plans are subject to stock market risks. Life insurance cash values are not presently disclosed on the Free Application for Federal Student Aid (FAFSA). Consider investing "a portion" of your savings into a Whole Life or Indexed UL because it has a minimum interest rate guarantee, gives guaranteed benefits, protects against market risks, may give life time income, is FAFSA invisible, is somewhat creditor proof, accessed and transferred tax free, PAYS YOU (the insured) for Terminal Illness, Chronic Illness and Critical Illness conditions while living (during working years) and provides a death benefit to safeguard your family?
RIJU R. SAM
Life Insurance, Retirement Income, Pension Savings Plans
At your service from 2009 - Served 100's of clients across America
CA Lic: 0G49979 Representing 20+ Companies - Over 200+ Insurance Policies
Life Insurance Term (35-30-20-15-10 years) Return of Premium Term Whole Life
Univeral Life (Indexed and Guranteed) Disability Income Insurance Health Insurance Retirement Income and Savings plans Pension plans for Business Owners / Self Employed
Employee Benefits Worksite Insurance Business Owners Buy / Sell Policies
Fast and Easy Electronic Application process