A.T. Financial Newsletter
With its slower pace, summer is
a great time to sit back and
reflect. Are you happy with
where you are in life, personally
and professionally? Are there
important goals that you have
yet to achieve?
Or maybe you're perfectly
content in your own life and
would like to help others. Giving
back to the community through
charitable contributions of time,
skills, or money can be very
So whether you're relaxing in
your back yard, sipping a
beverage at a sidewalk cafe, or
hiking through nature, take a
moment to think about what's
really important to you. Then,
come talk to us so we can start
planning to help you reach your
FOCUS ON INSURANCE
Invest through an insurance
policy? You bet!
The primary purpose of purchasing
life insurance is to protect your
spouse, children, or other dependants
from financial hardship if you were no
longer there to support them. Permanent
life policies (universal and whole life),
however, include an investment
component as well as providing you
with coverage for life. Even better, the
investment growth generated is tax-free.
The premiums you pay for permanent
insurance will be higher than the premiums
for the same amount of term coverage.
That's because part of every premium goes
into the investment component of the
policy, increasing its cash value.
Your policy's cash value has many
- Estate enhancement. The accumulated
cash value can
- be added to the tax-free death benefit, resulting in a larger benefit
for your heirs.
- Premium holiday. Some policies
will allow you to use the cash value to
cover some of the premiums, so if you
face a temporary cash-flow shortfall, you
don’t have to worry about possibly losing
coverage for non-payment of premiums.
- Extra retirement income. You can
draw on the cash value or use it to secure
a loan or line of credit to provide you
with additional income in retirement.
Note that cash withdrawals may be
taxable and both strategies will reduce
the amount of your coverage.
We'd be happy tell you more
about the potential benefits of a
permanent policy in your situation
and provide a no-obligation quote.