Generational wealth is more than just a financial term—it’s a way to ensure future generations have the resources they need to thrive. One of the most effective tools for building generational wealth is life insurance. By selecting the right types of life insurance, you can protect your loved ones and create a lasting legacy. With
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When it Comes to Life Insurance, Our Motto is “Buy and Manage, Not Buy and Hold”
Life insurance is commonly seen as a way to provide for your loved ones after you’re gone. However, like an IRA or mutual fund, it can also be a valuable financial tool to use during your lifetime. When structured properly, life insurance can offer both protection and growth, helping you reach your investment and lifestyle…
“I Don’t Need My Life Insurance Anymore” Yes, You Probably Do
Life insurance is often seen as something for the future or just for emergencies, yet it’s more versatile and useful than many think. So, how do you know if you need it?
Life insurance needs depend on personal situations, and there’s no one-size-fits-all policy. However, if you are married, have children, support aging parents, or…
Should You Take a Life Settlement
Life insurance policies are designed to provide financial security for your beneficiaries after your death. However, circumstances can change, and there may be a time when you no longer need or want your policy. In such cases, life settlements can be an alternative to surrendering your policy for its cash value or letting it lapse.…
Should I Let My Life Insurance Policy Go?
Life insurance policies are important financial tools, but there may be a time when you need to decide if your policy is worth keeping. Whether life insurance is a good idea for your needs depends on several factors including age, life changes and financial goals. To help have an understanding of when to keep your…
Life insurance Policy Review Templates
Life insurance policy reviews are important for ensuring a policyholder’s coverage continues to meet their evolving needs. However, while life insurance policy review templates can serve as helpful guides, they should not replace a personalized assessment.
At Stratus Financial Partners (SFP), we understand that a one-size-fits-all approach falls short of providing the comprehensive and tailored…
Life Insurance Strategies for Millionaires
People with a million or more in assets (and those who aspire to) have unique financial needs. Life insurance strategies can be a pivotal tool for wealth accumulation and preservation. Life insurance offers a sophisticated means to achieve three main objectives: compound interest, tax-favored accumulation, and safe, positive leverage. By understanding these principles, millionaires can…
What are some of the living benefits of life insurance?
Life insurance serves as an important safety net, providing financial security for our loved ones. But did you know that life insurance can also offer benefits while you are still alive?
These benefits, known as living benefits, offer financial security beyond the traditional death benefit. Imagine facing a chronic illness or receiving a terminal diagnosis…
How Life Insurance Makes Life Better
Life insurance is more than just a safety net — it’s a strategic tool that offers financial security, tax-free benefits, and coverage for final expenses. By understanding how life insurance can make your life better, you can take proactive steps to ensure a stable and secure future for yourself and your loved ones.
The role…
Life Insurance Considerations Once You Turn 60
As we age, our needs, financial situations and health evolve, making the choice of the right life insurance policy important. Whether you’re seeking life insurance help in choosing a policy by age or need to make changes to an existing policy, understanding your options is essential.
In this guide to life insurance, we explore how…