SUBSCRIBE
Enter your Name and Email address to get
the newsletter delivered to your inbox.
Please include name of person that directed you to my online newsletter so I can thank them personally.
Anthony J. Bardi
Registered Representative
Enrolled Agent, LTC# 454
Tax and Financial Solutions, Inc.
151 SE 223rd Avenue
Gresham, OR 97030
Phone: 503-666-7909
March/April 2020
Customized Insurance Coverage
As when buying a new car, life insurance also offers a variety of options known as “riders”. Take a look at the following riders* (in alphabetical order) to see if any help with your insurance protection needs:
Accelerated Death Benefit Rider
An insured person with a terminal illness may receive a portion of the benefit while alive to pay medical expenses .Accidental Death Benefit Rider
This rider pays an additional amount of typically up to two times the death benefit in the event of an accidental death.Cost of Living Rider
Some whole life insurance policies allow you to increase your coverage by the same percentage the government’s Consumer Price Index increases .Guaranteed Insurability Rider
This rider guarantees that you can renew your policy regardless of health.Long-Term Care Rider
Like the Accelerated Death Benefit Rider, this rider allows you to take early benefits to pay for long-term care.Paid-Up Additions Rider
This rider uses whole life dividends to increase the policy’s cash value and death benefit.Return of Premium Rider
A few term life insurance policies offer this rider, which returns some or all of the premium at the end of the agreed-upon term.Term Conversion Rider
This rider can be an important one for younger policyholders who buy term insurance because of its affordability, but intend to convert to whole life insurance down the line. The rider guarantees a coverage without medical underwriting.Waiver of Premium Rider
If you become disabled and can no longer work, this rider will waive your premium payments.Tap the Brakes?
Some of these riders that pay out for events other than death will likely reduce the policy’s death benefit and cash value. Talk to a life insurance professional to learn more.* Applications for life insurance are subject to underwriting. No insurance coverage exists unless a policy is issued and the required premium to put it in force is paid. Riders may incur an additional premium. Rider benefits may not be available in all states. Guarantees are based on the payment of required premiums and the claims paying ability of the issuer.
CONTACT US
Enter your Name, Email Address and a short message. We'll respond to you as soon as possible.
Tax and Financial Solutions, Inc. and LTM Client Marketing are unrelated companies. This newsletter was created by LTM Client Marketing and was not written or created by the named financial professional and does not necessarily represent the views and opinions of Avantax Wealth Management® or its subsidiaries.
Avantax affiliated advisors may only conduct business with residents of the states for which they are properly licensed and registered. Securities offered through Avantax Investment Services℠, Member FINRA, SIPC, Investment advisory services offered through Avantax Advisory Services℠, Insurance services offered through an Avantax affiliated insurance agency. Not all products and services are offered by all financial professionals. Products and services listed may only be offered by properly licensed individuals.
The information and opinions contained in this web site are obtained from sources believed to be reliable, but their accuracy cannot be guaranteed. The publishers assume no responsibility for errors and omissions or for any damages resulting from the use of the published information. This web site is published with the understanding that it does not render legal, accounting, financial, or other professional advice. Whole or partial reproduction of this web site is forbidden without the written permission of the publisher.