top of page

Life Insurance Solutions

What types of Life Insurance Are Out There?

Life Insurance generally falls into two categories:

Term & Permanent Life Insurance

Term

Term Life Insurance is similar to Automobile Insurance in that as long as you pay a premium, the life insurance company promises to pay a death benefit to your beneficiaries.

 

Generally this promise goes for a specific period of time, from as little as 5 years up to 30 years. When this term expires, your premiums may go up or your policy is no longer in force and you will need to purchase another policy.

Permanent

Permanent Life Insurance provides coverage like term does, but also has an element of savings with a Cash Value savings account. 

 

Part of the premiums that you pay go to pay for life insurance with the remainder going into the cash value savings account. This account earns interest with the ultimate goal that your savings grows to the point where the interest generated is enough to pay for the life insurance. 

 

There are many kinds of permanent Life Insurance policies out there from:

​

  • Whole Life

  • Universal Life

  • Variable Universal Life

  • Indexed Universal Life

​

​Permanent Life Insurance also have tax advantages that can be very beneficial to policy holders.​

Ready for a Quote? Click Below!

  • Facebook
  • LinkedIn
  • Twitter

Securities offered through Interactive Brokers and TD Ameritrade., Member FINRA/SIPC. Advisory Services provided by GH Wealth Management, a Texas Registered Investment Advisory Firm. Insurance Services offered by Alamo Insurance and Wealth Management.

Risk Disclosure: Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Past performance does not guarantee future results.

All payment data is processed and handled by PaySimple who offer the most stringent levels of security in the payments industry. Your data is always encrypted and 100% secure. Independence Wealth Group does not keep or store any credit card information.

Full refund up to and including the initial consultation meeting (involves Needs Analysis, Goal Setting, Risk Analysis, etc). No refund after the initial consultation meeting concludes and work has begun.

bottom of page