Protect who you love.
Protect what you love with Term, Whole and Universal Life Insurance policies.
“At Island Insurance we will make sure that your business and family is protected and we will make certain it won’t cost you your life, but we can put life back into the equation.”
Frank Mansuetto
Owner of Island Financial Services, Inc.
I appreciate that you take a moment to view this special life insurance presentation. Although it is set up by another insurance company, I thought that the content and purpose helps with understanding what life insurance really can accomplish.
Many people try to use life insurance as an investment, my philosophy is protection and savings should be kept separate and to try and find the lowest costing term policy that your money can buy. I have delivered life insurance checks to families and all they care about is the amount of the check so their lives can continue as normal and bills can be covered. No one ever asked me what kind of policy it was. The savings between a term plan and any other types of life insurance coverage is so large that it will free up your money so you can save in a retirement program or for emergencies.
Basically term life insurance is affordable and you can have a 10, 15, 20, 25 or 30 year plan. I feel that you should always acquire the correct amount of insurance that will cover your financial needs and not reduce the death benefit to fit some other criteria.
Life insurance proceeds are income tax free to the beneficiary. This money can be used in any way that the beneficiary feels fit. It can pay for college for the children, to pay rent or mortgage, and it could be a source of continued income. It buys you time to make important life changing decisions. In many ways life insurance is not just protection but a “love policy”. You buy it because you care.
Assess Your Need for Life Insurance
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• You're single and care for someone
• You support a family
• You have a Mortgage
• You have debt obligations
• You want to pay for your childrens education