The right Life and Health Insurance policy can be a very practical way to provide for your family after your death. Life insurance beneficiaries may be able to use benefits to pay for funeral costs, estate taxes, mortgage payments, lost income, or any other number of needs that will arise upon your death. Our knowledgeable and experienced agents will walk you through the different Life and Health Insurance policies that may be at your disposal and the benefits and drawbacks to each one. Term Life and Health Insurance will provide a death benefit if you die during the term of the life insurance policy.
This product was originally only provided to Fortune 500 companies, but is now available to mid and small-sized businesses. Through this policy, a business pays the premiums and owns the cash value of a life insurance policy on its employee’s lives. The employee does not pay the premiums. The benefit can either be paid to the employer or directly to the employee’s family.
Key-Person insurance, (formerly “Key Men” Insurance), can provide several benefits to a business and affirm the importance of the talent that a Key-Person brings to your business. A Key-Person policy can act as a business asset and enhance your company’s creditworthiness. It also may have a cash value that is available to your business as a loan if a key employee dies or is disabled. Finally, a Key-Person policy can be converted to a retirement bonus when the Key Person retires. This policy’s flexibility makes it a valuable asset to any business with Key-Persons.
These policies are designed for protection, wealth creation and transfer because the excess of premium payments above the current cost of insurance is then credited to the cash value of the policy with interest. Some people even use a UL policy to finance a long-term care situation. Ask an agent how you could benefit from a UL policy.
A whole life policy provides a death benefit so long as the premium is paid. Some of the money paid into the whole life policy becomes an investment that is guaranteed to grow.
Nationwide CareMatters® is designed for clients between 40 and 75 and linked to a fixed premium universal life policy. It is ideal for clients seeking LTC coverage with flexibility of benefit use and a death benefit that will always return to loved ones at least the premium paid if the LTC benefits are not used.
Long-term Care Rider helps clients safeguard against the future financial challenges of long-term care while providing the life insurance protection you need. The rider provides an acceleration of the death benefit to help pay for costs involved with long-term care.
Are you a small business owner that is comprised of just you and your spouse? We can help you get a Small Group Plan. Did you know that between November 15th and December 15th each year you as a small business owner can enjoy a "Participation and Contribution Holiday"? Bickerstaff Insurance and Financial Services seeks to assist businesses with two or more employees through this affordable solution to employee health care. We have a plan that works for you, from 50% to 100% employer contribution to health insurance.
Health insurance is crucial in shielding you and your family. Even healthy adults need to have at least some level of coverage because you never know what's around the bend. Health is a top concern in Texas these days and having the right comprehensive health insurance plan will help lessen those concerns. We at Bickerstaff Insurance and Financial Services will work with you to determine the right coverage level to fit your needs and fit your budget.
Small business owners and those that are self-employed need health insurance but don't have the option for an employer plan. We will assist you with the best plan for your budget and needs, removing one of the most prominent stressors families face. If you receive your health coverage from your employer and are looking at leaving, we can help you transition to a policy that will work for you. When choosing health insurance, keep in mind any deductibles you may encounter. Some plans have very low deductibles, and some plans are very high. Let our team of professionals help you steer through your health plan needs and give you the peace of mind you deserve.
Medical care is expensive. The most prominent financial decisions families face are medical bills and insurance premiums. Navigating health insurance offerings is not an easy task. That's where we come in. Our team is local and knows Texas insurance policy requirements and will help you get the best coverage for you and your family.
Our team at Bickerstaff Insurance and Financial Services wants you to have complete peace of mind knowing that you are covered for medical issues that may arise. We have agents that can assist in creating the best package for you, so step into our office, or give us a call and let's get started today.
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