Life insurance is an important part of a sound financial plan. There are many reasons for purchasing life
insurance including:
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Providing family protection and financial security to surviving family members
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Covering a particular need such as paying off a mortgage or other debt upon death
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Paying estate taxes or other final obligations necessary to settle your estate
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Providing long-term care after retirement
Term Insurance: Term Life Insurance provides life insurance for a specified
period of time such as 1, 5, 10, 20 or 30 years.
Permanent Life Insurance: Permanent Life Insurance offers coverage for a life
time. When you pay the premium, you may build cash value that is tax-deferred until you withdraw it.
Whole Life Insurance: Whole Life Insurance is insurance that provides coverage
for your lifetime. The proceeds of many whole life insurance policies can be used to ease the financial burden of
serious illness or long-term care.
Variable Life Insurance: Variable Life Insurance varies from whole life
insurance and universal life insurance in that policy owners direct their premium payments among several
different investment accounts.
Variable Universal Life Insurance: Variable Universal Life Insurance combines
the flexibility of universal life insurance with the investment account features of variable life insurance.
Universal Life Insurance: Universal life insurance differs from other whole life
policies as it allows the policy owner to vary, with limits, the amount and timing of premium payments and the
death benefits.
Investment & Insurance Products:
•Not Insured by FDIC or any Federal Government Agency
•Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate•May Lose Value
People's Financial Advisors is a division of People's Securities, Inc. Investments & Insurance are available
through People's Securities, Inc. (member FINRA
and SIPC), a subsidiary of People's United Bank.
