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Life Insurance
Providing Financial Security for Your Family
Life insurance coverage can be an important part of your portfolio if you want to:• Provide income for your family after your death
• Replace funds your beneficiaries will use to pay the taxes owed on your assets
• Provide liquidity to pay any costs associated with your death and estate
Before you buy a life insurance policy, it's important to analyze your situation and your family's financial needs. It'll help you determine how much life insurance coverage you may need to buy.
When to Consider Buying Life Insurance
Your need for life insurance coverage depends on the circumstances of your life. Life insurance may be a good choice for you if:• You have a spouse and/or family that is dependent on your income
• You expect your estate to incur income, capital gains or estate taxes that your beneficiaries will owe when you die
Deciding How Much Life Insurance Coverage You Need
Determining how much life insurance coverage you need requires comparing your family members' current income with their estimated income need in the event of your death. But you also need to factor in other assets that can be invested to create income (such as group life insurance, retirement savings, and other investments or savings) and allow for any income or capital gains taxes that could reduce the actual amount your family would receive. Your Financial Advisor can help you calculate the value of your investable assets, estimate future investment income for your family and use these projections to help you determine your current life insurance needs.Regularly Reviewing Your Life Insurance Needs
Because your family's circumstances change throughout your life, it's important to review your goals and needs frequently to make sure you have enough life insurance coverage to meet your family's needs. Ask your Financial Advisor about our free life insurance review.Purchasing Life Insurance Coverage Through A.G. Edwards
A.G. Edwards can offer you a variety of life insurance through more than 20 life insurance companies. Your Financial Advisor can help you understand the differences between the types of life insurance we offer, which include:• Term life insurance
• Whole life insurance
• Universal life insurance
• Variable life insurance
• Survivorship life insurance
• Single-premium variable life insurance
Because A.G. Edwards doesn't have any proprietary life insurance products and your Financial Advisor has no product sales quotas, you'll get objective financial advice and help selecting one or more life insurance policies that make sense for you.