Life insurance is necessary and important. Life insurance is essential for a number of different reasons. It is a financial instrument that allows you to protect your family and loved ones when you're gone and also a tool to finance your objectives from education to retirement while you are alive.
This product is designed for individuals aged 40 to 80. Our policies provide death benefits of $10,000 to $50,000 (maximum aggregate is $95,000) on a guaranteed issue basis (all applicants are accepted). There is a limited death benefit during the first two policy years.
Read More, Get Quotes and Buy Guaranteed Issue Life Insurance
54 Freedom offers insurance coverage on a simplified issue basis. Simplified issue does not require a physical exam. A policy is not guarantee to be issued. There are questions such as certain pre-existing conditions that disqualify one for this type of policy. Some policies ask only 4 questions and others ask up to 12 questions.
Read More, Get Quotes and Buy Simplified Issue Life Insurance
Have an insurance professional provide you with a free financial/insurance audit to determine the level of coverage you need at this time in your life. Then you will be able to easily and quickly purchase the plan--whole life, term, universal life, etc.-that fits your needs and protects your investment in your business (best companies and best rates). Look to this expert to for additional insurance advice in what is necessary and affordable for your budget.
Interested in getting the best rates on Life Insurance. Apply for an underwritten life insurance policy today.
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Submit online life insurance application
Covers you for a period (term) of time. It is meant to provide coverage until you reach a certain point in your life, such as, retirement, or perhaps when your children have been fully educated and have left the home. Term periods for life insurance coverage range generally from 5 years to 30 years, somewhat dependant upon your current age. Term insurance is far less expensive than permanent (described below) insurance since it rarely goes beyond age 70, and generally covers you when you are younger. Sample rates can be found on the summary insurance chart. More About Term
Click here for a comparison of Term vs. Permanent Life Insurance.
Click here for sample rates for a joint policy.
Insurance that is permanent and is intended to be in force (in effect) whenever you may pass away. This insurance is more expensive since there is certainty at some point the insurance carrier will be paying your beneficiaries a death benefit. As with term insurance it is generally less expensive the younger you are to purchase. There are various types of permanent insurance, some have significant cash values which can be accessed during your lifetime either by loan or withdrawal. These plans however do not always have a guaranteed death benefit. In general, we recommend a guaranteed death benefit contract that regardless of market performance will pay your beneficiaries the stated death benefit on the policy. Sample rates for this are on our summary insurance chart.
Permanent insurance that pays a benefit after 2 (both) insureds pass away. This is often used (but does not need to be) for a husband and a wife who wish to pass a benefit to their children. It could however, be used by business associates as Key Person Insurance for their business interest. Again, we recommend a guaranteed death benefit policy which is guaranteed to pay a death benefit regardless of market performance. As with both term and individual insurance generally insurance underwriting (medical tests) are required. However, since 2 people are insured (and a claim paid at the second death) you may have one of the two insureds not able to pass a medical test or otherwise get insurance on his/her own. Through the 54 Freedom Insurance Plan, with another person on the policy, you may in fact obtain insurance. For sample rates please refer to the 54 Freedom Insurance summary.
Get Licensed Insurance Agent to Contact You.
Get Quotes on Life Insurance through online quote engine
Submit online life insurance application
Click here for a comparison of Term vs. Permanent Life Insurance.
Click here for sample rates for a joint policy.
Cost differences by types of insurance:
The cost spectrum for products is an average of annual non-rated premiums and includes:
| Term Life Insurance | 10, 20, 30, Year | $700.00/Annually |
| Return of Premium Term Life Insurance |
20, 30, Year | $1,200.00/Annually |
| Universal Life | Guaranteed to Age 100 | $1,900.00/Annually |
| Long-Term Care | Comprehensive | $3,500.00/Annually |
| Cancer Insurance | Lump Sum | $400.00/Annually |
| Critical Illness | Lump Sum | $400.00/Annually |
*Note: The prices listed above are based on averages that have been developed over the years. Price may vary based on amount of coverage, age, sex, tobacco usage, occupation and health condition.
We have an innovative product that links the benefits of Life Insurance and Long Term Care Insurance... and guarantees your money back. As with other Long Term Care coverage, this policy is not generally available to the disabled person... however some form of the coverage may be available depending on your situation. The policy is available on an annual payment basis... but also on a one time deposit (or transfer of other assets). This contract answers the question "What if I never need the Long Term Care Insurance?"
This insurance policy can be purchased up to age 80.
With one payment you can protect your assets from risk, taxes and long-term care. For many people the greatest risk of a long term chronic illness is the depletion of their nest egg to pay for care. This policy is the perfect solution for the right situation.
Example: 65 YEAR OLD SAMPLE RATES
$50,000. Single Deposit
$103,522. Life Insurance Benefit
$207,044. Long Term Care Benefit
($4,313. per month for 6 years for Long Term Care)
You can cancel policy at any time and receive a refund of your $50,000.
When planning for the future, we must consider the possibility of long-term care needs. A prudent plan will ensure that you live for today with security for tomorrow.
Please call us - we can help. We specialize in asset protection and long-term care.
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