Not sure where to start? Fill out our unique form and we will find the best life insurance for you.
When you purchase Houston, TX whole life insurance as an investment you can prepare for long-term life events. Many people are looking for new ways to secure their future and even their children’s future.
To say that life can be unpredictable is a bit of an understatement. Life is constantly throwing problems our way, and we all do our best to deal with them. If you want financial security to help prepare for some of those problems, using Houston, TX whole life insurance as an investment may be a great route.
Houston, TX Whole Life Insurance as an Investment
Whole life insurance is a great option for those who want to earn a passive income and protect their loved ones financially. Whole life insurance policies offer many benefits, including the potential to build cash value over time.
If you are considering a whole life insurance policy, then you can trust Best Life Insurance Houston Agency to help you. Our agents have years of experience in helping people find the right policy, purchase, and manage their policy.
Whole life insurance policies are a type of permanent life insurance. It offers level premiums and guaranteed cash value growth. Whole life insurance is one of the most popular life insurance options available because it offers death benefit protection for your entire life. If you are looking for an investment-type life insurance policy, then a whole life policy is likely the right fit for you.
There are a variety of life insurance policies available out there. Each policy has its pros and cons, as well as investment potential. Some policies also offer cash value, and others are purely investment-based.
When comparing whole life insurance options, you will want to look at the details of your policy. Features like death benefit periods, policy caps, cash values, and surrender charges can greatly affect your long-term investment potential.
Best Life Insurance Houston Agency Can Help You
If you’re looking for any type of life insurance, whether it is whole-life, term-life, or anything else, Best Life Insurance Houston Agency can help you get the coverage you need. We offer policies that can fit your needs and budget. So, you can have peace of mind knowing you and your family are protected.
Using Houston TX, whole life insurance as an investment can also be a great option for those who own a business. Businesses, both large and small, have people that make them a lot of money. Therefore, if something were to happen to them, the business could suffer great financial loss.
It is important to protect your business, and taking out a life insurance policy on some of your key people is a great way to do so.
Why Invest in Business Life Insurance?
Investing in business life insurance is a great opportunity to provide for employees. Employees do a lot for companies. Without them, it can be extremely difficult to run any business. There are businesses that are run solely by one person. But those businesses are typically extremely small and often starter businesses. For any company to grow, it needs to have employees with skills that can boost the company to the top.
So as a business owner, why not show your employees how much they are appreciated by offering a life insurance benefits package? Today, people often choose options based on whether they have benefits packages. This typically includes medical, dental, vision, and even 401k benefits. Why not add a life insurance package? More and more people are looking for ways to financially secure their future and their family’s future. Companies that have this type of coverage, particularly hazardous jobs, are more likely to keep employees long-term.
Add a Living Benefits Rider to Your Whole Life Insurance
Whether you are getting whole life insurance for your family or as a benefits package for your employees, whole life insurance has a lot of great benefits. But there is a great way to make this policy even better with the Living Benefits rider. A rider is an optional add-on policy. Living Benefits is a rider that you can add to a life insurance policy that you can use while you are still alive.
It is similar to a cash-savings component that a permanent policy has. However, there are some major differences, both negative and positive. For instance, much like a cash-savings component, if you take money out, it can lower the amount in death benefits your beneficiary would receive. But you can put that money back into your living benefits policy so long as you have some type of permanent life insurance policy. In contrast to the cash-savings component, this rider does not add up over time. It is only worth the amount that you put into it.
In order to access your Living Benefits, there are certain qualifications you must meet. There are certain health “triggers” that one must have in order to qualify. These triggers are terminal, critical, and chronic illnesses. Within these triggers, there are certain conditions a policyholder has to meet. For example, someone with a terminal illness can access their life benefits if they are given a life expectancy of two years or less. This is more than other companies because most other companies would require a life expectancy of one year or less.
This rider can be used for anything you want, including bills, a trip, or preparing for what will come. There is no need to justify these expenses, and this rider can be tax-free. Speak with a representative for full details and expectations for the Life Benefits rider policy.
Best Life Insurance Houston Agency is here when you need us. We are always available to help answer any questions you may have about your policy and other policies we offer. Be sure to ask about advanced funeral arrangements and tax-free retirement plans. Preparing for the future, whatever it may hold, will help set you and your loved ones up for success.
Give us a call today and ask how you can use Houston, TX whole life insurance as an investment.
Fun Facts about Houston TX:
- There are four professional sports teams.
- They have won several championships.
- It has nine counties.