Life insurance may be one of the most important purchases you ever make. It can provide the financial support needed when you or someone you love passes away. Life insurance can be a crucial factor in securing your family’s future by potentially replacing lost income, paying off debt, and funding a college education.
The amount and type of life insurance you choose depends on your goals and your specific financial situation. We offer a range of life insurance products:
- Term life insurance is typically the least expensive way to provide protection for a selected period of time, up to 30 years, with premiums guaranteed to remain level during the entire period selected. You may convert your policy to a permanent plan if your situation changes or you can cancel your policy at any time. You can even select a feature that will refund a large portion of your premiums at the end of your selected period should you not use the policy.
- Whole life insurance gives you protection for your entire life at a fixed premium. It also builds guaranteed cash value* and may pay policy dividends.
- Long term care insurance assists individuals and their families when an insured is unable to live independently and needs help performing the normal activities of daily living. Benefits can be available for services received at home, assisted living or nursing facilities. The need for long term care can result from: an accident or injury, chronic illness, advancing age or disability due to an accident or condition at birth.
Disability Overhead Insurance
When a business is running smoothly and revenue is flowing, ongoing overhead expenses may not require much attention. But that can change in an instant when a business owner suffers a long or short-term disability. Business owners can protect the operations of their company by purchasing a business overhead expense (BOE) insurance policy. A disability overhead expense policy can protect your business’ ability to cover ongoing overhead expenses and help ensure your business can keep going when you’re disabled.
Do you own a family business? Are you concerned about its future viability? Business succession planning is crucial for your business' ongoing operation. We can work with you and your professional advisers to help analyze and plan for business transfer, ownership, compensation, and growth.
Key Person Insurance
Key person insurance is life insurance on the key person(s) in a business. In a small business, this is usually the owner, the founders or perhaps a key employee or two. These are the people who are crucial to a business, without them it could mean the end of the business.
Financial Services Officer
Call Tyson to set up a free, no obligation consultation. For existing Infinex clients who have an emergency or need to make a trade call Infinex Financial Group support team at 800.218.2827.
Lakestone Financial Services are provided through Infinex Investments, Inc., a registered broker-dealer and member of FINRA/SIPC. Explanatory brochures are available at FINRA and SIPC. SIPC protects securities customers of its members up to $500,000 (including $100,000 for claims for cash).
*All guarantees are by the issuing insurance company and are subject to the claims paying ability of the insurance company.