One of the most important decisions a person can make is in purchasing insurance.
There are a variety of products available to meet different needs, sometimes it can be bewildering. Take a look at the information on our most popular products:
The links to the left can help guide you in the right direction. There are helpful calculators
that can help you estimate how much insurance or savings you need. Let
an IFG Insurance agent help you choose the right product to meet your
goals.
IFG insurance is different:
We obtain the best insurance value available! We have access to over 1500 companies, we compare the costs, features, and financial strength. As a result, our clients typically save up to 30 to 70% on their policies. We will search for you the highest rated company for the lowest possible premium. All our companies are A++ or A+ rated by A.M. Best and AAA and AA by Standard and Poor's.
We invite you to explore our website. There are helpful calculators that can help you estimate how much insurance or savings you need. Complete the quote-form above or simply call our offices and let an IFG Insurance agent help you choose the right product to meet your goals.
IFG Insurance is respected and its success can be contributed to its uncompromising customer service and professionalism. IFG Insurance takes great pride in the companies it represents. We offer the lowest premiums in the Insurance Industry from the highest rated companies. Contact us and let us compare to what you have currently or have been quoted on.
Four Reasons Why You Should Consider Life Settlements
Those in the financial world know that life insurance policies are taken out for a variety of reasons. The policy could serve to cover a mortgage or buy out a business partner in the event of an untimely death. It could simply provide towards the cost of college if a parent were to die. But, situations change. The mortgage gets paid off, the business partners part ways and the kids all get scholarships to college. It is in these situations that
life settlements can be a wise decision.
A life settlement is when the owner of a life insurance policy sells that policy for a lump sum of money.
Not every life insurance policyholder qualifies for a life settlement. Depending on the buyer, there are certain restrictions regarding the policy’s face amount, the age of the policy and the age and/or life expectancy of the policyholder. Still, for those that qualify,
life settlements provide an excellent opportunity for immediate income. There are several ways to use this income:
Investments
The lump sum that comes from an insurance settlement can be used to invest in stocks, bonds, mutual funds or even other insurance products. If the investor is looking for opportunities to build or enhance an existing portfolio, an infusion of cash from a life settlement could be a great strategy.
Maintaining Lifestyle
An insurance settlement can provide the immediate income needed for retirees to maintain the lifestyle to which they are accustomed. Proceeds from
life settlements can be used to construct an income portfolio or even purchase an immediate annuity providing guaranteed lifetime income payments.
Long-Term Care
Long-term care can be a huge drain on a family’s personal finances – especially when long-term care insurance has not been purchased. Choosing a life settlement can provide the income needed to pay for long term care. If properly structured, the income portfolio can be designed to create the stream of income closely matched to the policy’s annual premium.
Other Financial Objectives
There are other ways to use life settlements that may not necessarily be traditional choices. Some policyholders choose to use their lump sum to make gifts to heirs, while other policyholders that receive a life settlement choose to donate to charity.
To learn even more about life settlements, contact IFG Insurance today for information or a
free life settlement quote.
Here is a chart of current rates for a 10 Year Guaranteed Level Term Insurance for Preferred Best Non Smoking Female for as low as:
AGE |
$100,000 |
$250,000 |
$500,000 |
$1,000,000 |
55 |
$16.80 |
$30.63 |
$54.74 |
$97.46 |
60 |
$22.43 |
$43.31 |
$80.10 |
$143.74 |
65 |
$32.22 |
$68.25 |
$130.83 |
$241.64 |
70 |
$49.44 |
$107.63 |
$210.88 |
$416.50 |
75 |
$97.75 |
$214.88 |
$422.10 |
$658.44 |
80 |
$236.25 |
$528.50 |
$942.38 |
$1,879.50 |
|
|
The sample 10 year term life premiums shown above are not specific to any individual person or insurer. Please call IFG Insurance Group to obtain quotes specific to your health history profile.
The National Ethics Bureau is an independent organization that
promotes consumer confidence by providing a one-stop source to verify
the business ethics of insurance and financial advisors. We are a
long time member and passed the Ethics Check System, a series of
comprehensive background checks for criminal, civil, and business
violations.
www.ethicscheck.com |
Toll Free: 1-800-381-0997
| Fx: 1-866- 879-0331 | E-mail: info@ifgins.com
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