Know Your Options to Protect Yourself and Loved Ones

When people think of life insurance, they typically think of term insurance: Paying a fixed premium on a monthly basis for a guarantee from an insurance company to pay a fixed amount of money to one’s beneficiaries.

While everyone should have life insurance, the industry has evolved and created cutting-edge and versatile products that not only provide a death benefit but also accumulate cash value. Examples include whole life insurance, universal life insurance, and variable life insurance. Each type has its own unique characteristics and traits, but the goal for each is to provide your loved ones with a sense of financial security should you die prematurely and also accumulate as much cash value as possible for you to tap into on an income-tax-free basis. More and more people are buying cash value life insurance because of the tax efficiency it offers.

Investment advisory services offered through Brookstone Wealth Advisors, LLC (BWA), a registered investment advisor and an affiliate of Brookstone Capital Management, LLC. BWA and TBS Retirement Planning are independent of each other. Insurance products and services are not offered through BWA but are offered and sold through individually licensed and appointed agents. Guarantees are based solely on the financial strength and claim-paying ability of the issuing company and compliance with product requirements.