Family Protection
Securing Your Family with Life Insurance
Securing the financial well-being of your family is a top priority for many individuals. A comprehensive life insurance protection plan should consider your coverage requirements now, throughout your career, and into retirement.
A popular strategy used to accomplish this involves acquiring term life insurance with different term lengths alongside a certain level of permanent life insurance – also known as, “layering”.
Over time, you have the option to convert all or part of the term coverage into permanent insurance to fulfill your long-term protection needs. The concept revolves around acquiring policies that, when combined, offer an adequate level of life insurance protection throughout different phases of your life. * See a family protection scenario using insurance layering here.
Connect with a financial professional to explore the right protection strategy for you and your family.
IMPORTANT DISCLOSURES
Product availability varies by carrier, state, and individual eligibility. Not all products listed are available in all states or to all applicants. Product descriptions on this page are for general informational purposes only and do not constitute a solicitation or offer to sell any specific insurance or annuity product. All products are subject to underwriting approval and applicable state insurance regulations. Riders and benefits are subject to additional charges, terms, conditions, and limitations. Variable products involve investment risk, including possible loss of principal, and are sold by prospectus. FundaDream Insurance Solutions, Inc. is a licensed California insurance corporation. Consult the applicable carrier contract for full terms, conditions, and limitations. FundaDream’s charitable giving is made from general corporate revenues at the sole discretion of FundaDream leadership and does not constitute compensation to any licensed insurance professional.
The decision to purchase life insurance should be based on long-term financial goals and the need for a death benefit. Life insurance is not an appropriate vehicle for short-term savings or short-term investment strategies. While the policy allows for loans, you should know that there may be little to no cash value for loans in the policy’s early years.
The information provided is not written or intended as specific tax or legal advice. FundaDream, its employees and representatives are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel.
Insurance products and services are offered through FundaDream Insurance Solutions, Inc., California License No. 0M95835