The Strassman Insurance Agency has been obtaining Life, Health, Disability, Long
Term Care and Pensions for 25 years in quality companies.
Life and Health Insurance:
We are pleased to assist you with your life insurance needs. We have access to a
wide variety of carriers, giving us the ability to tailor a program to your needs,
from term insurance to permanent protection.
Term Insurance - We are pleased to assist you with your
life insurance needs. We have access to a wide variety of carriers, giving us the
ability to tailor a program to your needs, from term insurance to permanent protection.
Term Insurance Advantages:
- Fills a temporary need for life insurance protection in your life
- Offers the least expensive insurance protection
- Most policies allow you to convert your term policy into a permanent one
- Can be used as supplemental coverage to a permanent policy
- Death benefits are generally income tax free
Permanent Insurance - This type of policy never expires.
As long as premiums are paid, it remains in force. Premiums are usually based on
your age at the time of purchase and generally remain level. In addition to providing
a death benefit, premiums are also invested to produce returns – adding cash value
to your policy. You can even tap into this cash value by taking out a loan, withdrawal
or surrendering your policy.
Permanent Insurance Advantages:
- Policies offer lifetime protection and can build tax-deferred cash value
- Withdrawals and loans make it easy to access your cash value to help supplement
retirement and emergencies
- You can cancel or surrender the policy at any time and use the cash value however
you wish
- Offers a guaranteed premium that won’t increase
- Death benefits are generally income tax free
Disability Income Insurance:
Your employer may provide disability income insurance. But some coverages won’t
provide more than 60% of your income, won’t pay benefits up to age 65, and have
waiting periods longer than your savings will keep you afloat. In this case
you'll probably need private insurance, too.
Long Term Care Insurance:
Helping you get the care you need without sacrificing much of what you've worked
for. No matter how well off you are financially, the cost of long term care could
severely impact your life's savings. It can also help you retain your independence,
even if an accident or illness takes away your ability to care for yourself.
Recover at home:
People who need care overwhelmingly prefer to receive care in their homes, where
they are comfortable and supported by friends and family. If you receive care
in an assisted living facility1, a nursing home or adult day care, Long Term Care
Insurance can cover that too.