Jim Dillon, CFP®, ChFC®

CONNECT

Address:

9700 Business Park Drive, Suite 204
Sacramento, CA 95827

Phone:

(888) 554-2074

Life Insurance

Life insurance has many applications and comes in many forms.  Fundamentally, it is a tool for pooling the risk of reaching, as we sometimes refer to it in the financial planning business,  your "end of plan" before your time.  It's also a gift of love.  So, before we go any further, the fundamental purpose for life insurance is to provide a death benefit for those who are left behind.  Beyond that primary purpose, there are others.  They include:

  • Compounding a tax advantaged pool of wealth
  • Collateralizing a business loan
  • A source of funds for long term care
  • A vehicle for estate tax planning
  • A funding vehicle for business continuance (ie as part of a buy/sell agreement between partners)
  • As part of a non-qualified executive compensation plan.
  • and many others.

For a detailed assessment of your current policy or your needs for life insurance, you should contact us for an appointment (no fee for this one).  If you'd like to shop for some term insurance right now, you can do that too.  Just click here and be taken to our insurance division web site where you can get quotes from many of the highly rated firms in the industry.

One more thing:

IF YOU DON"T HAVE LIFE INSURANCE AND YOU'RE SOMEONE WHO SHOULD HAVE IT, GET IT DONE TODAY!!!! 

 

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck