Legacy Financial Group has 18 years of experience in assisting clients in choosing the right life insurance policies. We accomplish this by evaluating each client’s needs and goals in order to provide the best coverage that will ensure your interests are secured should the unimaginable occur. Contact Legacy Financial Group today and let our experience work for you!
L I F E I N S U R A N C E P O L O C I E S
T E R M L I F E I N S U R A N C E
Often the most affordable life insurance option, term insurance offers protection for a pre-selected number of years. Coverage terms can range from 5 to 35 years. Some policies can be written guaranteed issue while others might require certain medical screening for approval. Let our team work to get the option that is right for you.
P E R M A N E N T L I F E I N S U R A N C E
Permanent policies are designed to last your entire life and won’t expire after a certain period of time as long as required premiums are paid. These policies are favorable for those who desire to accumulate cash value over time that you may be able to borrow against tax-free or that wish to lock-in a fixed rate for their lifespan. The most common permanent policies are universal and whole life. Each with their own specific benefits, tailored to meet individual needs and financial goals.
K E Y M A N / E X E C U T I V E L I F E I N S U R A N C E
Key person or executive insurance is coverage that will protect the company in the case of an untimely death or disability of a top salesperson, executive, or business owner. Key man insurance provides peace of mind to business owners and shareholders alike. This allows the business to continue operating without any major disruptions in the event of the loss of a key employee. If a death or disability strikes your company, key person insurance may be the difference between the company’s demise or ultimate success.
B U Y - S E L L A G R E E M E N T S
A buy-sell agreement is a legally binding contract which protects the interests of the company’s owners and permits the business to continue in the event of the death, disability, or retirement of a business owner. This contract can be funded using a life insurance policy. A buy-sell agreement, commonly referred to as buy-sell arrangement, is drafted by an attorney and can be implemented with all forms of companies including, partnerships, limited liability companies, and corporations. A buy-sell plan can be thought of as a written agreement to help a business navigate a successful business transition.
F O R E I G N N A T I O N A L L I F E I N S U R A N C E
As a United States citizen living abroad, it’s only natural that you would want to conduct essential business with U.S. based companies. Even if you only return to the U.S. for a few days or weeks each year, a preference to obtain life insurance from a U.S. insurance provider is perfectly understandable. Living as a foreigner in another country, you may face unique obstacles when it comes to obtaining a foreign policy in another nation. Moreover, the element of trust is vital and, frankly speaking, U.S. insurers have built reputations for trust, and for honoring the terms of their policies. In many nations, this may not be the case and finding a quality insurance agent can be fraught with difficulties and pitfalls. Moreover, no matter where one lives, a life insurance policy is important for protecting the interests of one’s family.