Speros Financial Life Insurance, Gift Tip for Christmas

 Speros Financial Life Insurance New Tip of the Day,

With the upcoming holiday season I wanted to let you know of a unique gift idea for the child you love.

A Special Way to Say You Love Them

The Gift of Financial Independence

Consider giving the child you love a cash value whole life insurance policy from New York Life. It’s a unique gift that grows with them and lasts a lifetime. Unlike toys, clothing and electronics, cash value whole life insurance is a sound financial instrument that

offers these benefits:

■ Guaranteed cash value accumulation that may be accessed generally tax free

for any of life’s needs

■ Additional growth through dividends

■ Ability to purchase additional insurance protection to cover anticipated and unanticipated

events in adulthood via the Policy Purchase Option (PPO) rider

■ Insurability that is locked in at time of purchase

■ Lower premium rates based in part on age

When It Comes to Life, Timing Is Everything

Time is an asset when it comes to purchasing insurance. Purchasing a policy for a child you care about when he or she is young is more cost-effective and may be beneficial later in life, if he or she becomes uninsurable or less insurable.

For example, a whole life policy issued at age 0 with a $250,000 death benefit will cost only

$1,255 per year. The annual premium for the same amount of coverage will be higher as the

issue age increases.

A Legacy of Financial Security

Best of all, when you purchase cash value whole life insurance for a child, you’ll be remembered for giving a guaranteed head start toward financial security — that’s both meaningful and lasting.

A Special Way to Say You Love Them

 

 
Vasilios "Voss" Speros 602-531-5141
480-840-2000 #new #york #life
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