WHAT IS LIFE INSURANCE?

Life Insurance is a sum payment either on the death of the insured person, or after a set period. There are many types of life insurance and solutions that Pinnacle Financial Services makes available for their partner agents and agencies.

SINGLE PREMIUM FINAL EXPENSE

Simplified Issue permanent life insurance available to clients up to age 85. Clients with a lump sum as low as $5,000 can pay up a life insurance plan to help pay for burial expense and pass on wealth tax free. Geared towards the 60 and over market due to its simplified issue underwriting. No parameds or aps’ required.

WHOLE LIFE

Simplified Issue permanent life insurance available to clients up to age 85. Clients with a lump sum as low as $5,000 can pay up a life insurance plan to help pay for burial expense and pass on wealth tax free. Geared towards the 60 and over market due to its simplified issue underwriting. No parameds or aps’ required.

UNIVERSAL LIFE

Flexible premium life insurance that can be structured to meet the goals and budgets of clients. Cash value is an option with Universal Life. Premium payments can be structured from one year to lifetime.

INDEXED UNIVERSAL LIFE

Similar in nature to traditional Universal Life Insurance. The biggest difference is how cash growth is accumulated. Instead of a stated interest rate cash grows based on the performance of a market index such as the S&P 500.

TERM LIFE

Covers the client for a term typically 10 to 30 years. It does not build up any cash value. It is typically sold as cheap death benefit needed for a specific period of time.

LIFE INSURANCE WITH LONG-TERM CARE & CHRONIC/ CRITICAL ILLNESS WAIVERS

Change the way you and your clients think about life insurance. Life Insurance for the living gives clients flexibility and cash when needed most during times of illness.