Life Insurance

My Planned Life Insurance Offers:

Die Too Soon

The Income -Tax Free Death Benefit provides my loved ones with a lump sum of money they can use for anything, including:

Burial expenses
Debt
College

Live Too Long

The guaranteed tax-deferred build up of policy cash value provides me with values that, if sufficiently funded, I can borrow or withdraw – Income-Tax Free – for any purpose, including to:

Supplement my retirement income
Pledge as collateralI

Become Ill

The Accelerated Benefits Rider allows me to access a portion of my death benefit in the event of a qualifying:

Terminal Illness
Chronic Illness
Critical Illness
Critical Injury

This will help me and my family maintain our lifestyle.

Who needs life insurance?

Life insurance protects your family by replacing income in the event of your untimely death. Some policies also accumulate cash and pay distributions during your lifetime.
Families (including single-parent households) generally need life insurance. The younger the children, the greater the need for life insurance.
In most cases, you only need life insurance if someone is dependent on you.

Who does not need life insurance?

Single people, unless they are single parents or are supporting someone, such as an elderly parent.
Working couples who have no children or dependent parents, particularly if the surviving spouse earns enough money to pay bills and debts without depleting their savings.
Older people who have children who are grown and independent. A well-planned savings program should lessen the need for a family to have life insurance as income earners approach retirement age.

Plan documents

(I.U.L.) Indexed Universal Life
- F&G Pathsetter is fixed index universal life insurance that offers flexible protection, solid accumulation potential and withdrawals.
- Savings and investment options tied to:
  - One fixed-interest option (we set the rate annually).
  - Various options tied to market indexes: Barclays Trailblazer Sectors 5 and S&P 500
  - The fixed rate and interest crediting options are guaranteed to be no less than 0.25%.