Here at Strategic Retirement Solutions, we specialize in Wake Forest life insurance and retirement plan services. These two important areas of finances are related because a solid, effective retirement plan will certainly include life insurance.
Why? Because life insurance protects your family from being thrust into financial ruin due to the death of one of the household’s financial bread winners. As your choice in life insurance companies in Wake Forest NC, the team at SRS Inc. can talk you about life insurance and provide you with helpful, unbiased insight that allows you to make educated decisions.
It’s important to understand the types of life insurance available through Wake Forest life insurance companies in order to assess which is best for you. The three types include:
- Accidental death and dismemberment life insurance: While some life insurance companies in Wake Forest NC suggest adding, as your choice in Wake Forest life insurance companies, this is not something we recommend. These policies tend to be quite inexpensive, but they only pay claims if the person covered dies in an accident. That means, in some scenarios, a family can endure the death of a loved one and not receive any financial support.
- Term life insurance: These are temporary policies that cover certain amounts of time (terms). A staple of Wake Forest life insurance companies, term life insurance of 5, 10, 15, 20 and 30 years are quite common. They come with relatively low premiums and can be cancelled at any time.
- Permanent life insurance: Our Wake Forest life insurance and retirement plan can also include whole or universal life policies. These are examples of permanent policies that last for the duration of your life and pay a death benefit at the end. They also include a cash value component.
While some life insurance companies in Wake Forest NC steer you to a certain provider for your coverage, SRS Inc. has relationships with many of the leading providers, ensuring that you get a great deal and optimal coverage.
Include life insurance in your retirement strategy
An old adage says “Plan for the worst and hope for the best.” Life insurance is a great way to protect your family financially. As one of the leading life insurance companies in Wake Forest NC, we partner with families to offer the best solutions for financial planning. Consult with SRS Inc. and take advantage of our Wake Forest life insurance and retirement plan services. Contact us today!