📢 It’s Life Insurance Awareness Month! 💼🏡 Families, it's time to take a closer look at your life insurance policy. If your policy has a cash value savings component, there are some things you should be aware of compared to term life insurance: 👉 Higher Premiums: Whole life can cost up to 5-10x more than term life for the same coverage amount. Could those extra dollars be better invested elsewhere? 💸 👉 Complexity: Whole life policies often come with hidden fees and confusing structures. Do you fully understand where your money is going? 🤔 👉 Cash Value Concerns: The cash value of a whole life policy grows slowly, and accessing it often reduces your death benefit. Are you relying too much on this as a savings plan? 📉 💡 Term life may offer more affordable, straightforward coverage during critical periods like when your family is growing or you have a mortgage. 🔍 Now is the perfect time to review your policy and ensure you’re making the right financial choice for your family’s future. 💪 Click here to receive a personalized life insurance quote: https://lnkd.in/ehgPeMe5 #LifeInsuranceAwarenessMonth #FamilyFinancialSecurity #TermVsWholeLife #ProtectWhatMatters
About us
Clarity Advisors is a registered investment adviser registered with the State of New York. Registration does not imply a certain level of skill or training. The views and opinions expressed are as of the date of publication and are subject to change. The content of this publication is for informational or educational purposes only. This content is not intended as individualized investment advice, or as tax, accounting, or legal advice. Although we gather information from sources that we deem to be reliable, we cannot guarantee the accuracy, timeliness, or completeness of any information prepared by any unaffiliated third-party. When specific investments or types of investments are mentioned, such mention is not intended to be a recommendation or endorsement to buy or sell the specific investment. The author of this publication may hold positions in investments or types of investments mentioned. This information should not be relied upon as the sole factor in an investment-making decision. Readers are encouraged to consult with professional financial, accounting, tax, or legal advisers to address their specific needs and circumstances.
- Website
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www.claritywny.com
External link for Clarity Advisors
- Industry
- Financial Services
- Company size
- 1 employee
- Type
- Privately Held
- Founded
- 2024