Life insurance in Dublin, California is meant to cover not people who die but the ones they leave behind. Your life insurance in Dublin, California will help those who rely on your income maintain their standard of living in the event of your death. Given the crucial role of life insurance in Dublin, California, you will want to learn its basics and the insurance options available to you. This is where Platinum Retirement Solutions comes in.
Our team is dedicated to providing top-tier financial and retirement planning solutions to residents in the greater Bay area. Whether you need advice on long-term care insurance or life insurance in Dublin, California, you can rely on our professionals to provide you with the assistance you need. We'll do whatever's possible to help bring your financial goals to fruition and steer you toward financial security. Discover more here: https://www.forbes.com/sites/amydanise/2015/12/17/insiders-tips-buying-life-insurance/#5f946d7d4c92.
The policies of life insurance in Dublin, California can usually be placed into one of two categories: term or permanent. Each category offers unique features that are suited to the needs of different people.
Term Life Insurance in Dublin, California
Considered the most basic of the types, term life insurance in Dublin, California provides death benefit protection for only a certain period of time. If you don't die within the term of this life insurance in Dublin, California, the policy will expire without your beneficiaries getting the death benefit.
The common lengths for term life insurance in Dublin, California are 10, 20, and 30 years. Those who are looking to get life insurance in Dublin, California can choose how their policy should last depending on their needs. They may purchase term life insurance in Dublin, California that lasts until they retire or for as long as their dependents need financial support.
Permanent Life Insurance in Dublin, California
There are four types of permanent life insurance in Dublin, California: whole life, universal life, variable life, and variable universal. Unlike the term type, permanent life insurance in Dublin, California provides coverage for your entire life, given that you continue to pay your premiums. Life insurance in Dublin, California generally also has a more expensive premium than term life, but it commonly doesn't increase as you age.
Permanent life insurance in Dublin, California is also called cash-value insurance, and it's often considered to be a financial investment. This is because the company that sold you the life insurance in Dublin, California invests part of the premiums that you pay. Through this investment that's made possible by your life insurance in Dublin, California, you get to earn money in a tax-sheltered way.
Permanent life insurance in Dublin, California involves a face value and a cash value. The former refers to the death benefit or the amount received by your beneficiaries when you die. The latter, on the other hand, is the amount of premiums you paid plus your investment earnings. Some aspects of life insurance in Dublin, California guarantee growth for the cash value, while others involve risks.
The major advantage of life insurance in Dublin, California is that by getting it, you won't have to pay any interest on your investment earnings. Those who benefit from your life insurance in Dublin, California also won't have to pay tax on the death benefit when it's eventually paid out. Some circumstances even allow you to borrow money from your life insurance in Dublin, California without paying for tax.
Are you planning to get life insurance in Dublin, California? You can consult our professionals at Platinum Retirement Solutions whether that purchase would be the right for you. We are experienced in financial and retirement planning, and you can leverage our resources to be more effective in making informed financial choices.
When you work with us, we’ll do everything we can to make sure the finance planning process is as hassle-free as possible on your end. Contact us!
Some people think retirement is a long way off, so they postpone preparing for it for as long as they could. However, retirement is a reality for everyone. If you want to retain your financial independence and lead a comfortable life even when you are no longer earning, turning to Platinum Retirement Solutions for help with retirement is the best course of action.
Platinum Retirement Solutions is dedicated to helping people from all walks of life meet their financial needs. Whether you are planning for retirement or are already enjoying the fruits of it, our professionals can help identify the strategy that is best suited to your financial situation. Those who enlist our service can have peace of mind knowing they are working with a knowledgeable and well-equipped team.
We perform with two goals in mind: to help our clients create and grow their wealth and to assist them in protecting and preserving their life savings. Our team is ready to design a plan for you that will outline how you can distribute your life savings during life and at death in the most tax-advantageous way.
When you depend on us, we can help you in the following:
Our promise is to advise and inform you in a non-sales fashion and environment. That is because we want you to be empowered and educated, not pressured and sold. When you work with us, our team will learn as much as we can about your situation, goals, and vision for retirement. This way, we can be more effective in helping you get from where you are to where you want to be.
Our president, Mark Truttman, puts a premium on the satisfaction of our clients. This is why he acts only in their best interests and works hard to deliver them the best possible results. For more than 24 years, he has been working with hundreds of people, providing solutions to their estate and monetary needs and steering them toward financial security.
Mark has been part of different financial workshops in Northern California, where he has spoken to a variety of individuals. He is also affiliated with many organizations, including the Society of Certified Senior Advisorʼs, State of California Department of Insurance, Life Underwriterʼs Training Council, and Better Business Bureau.
Born and raised in San Jose, California, he currently lives in Livermore with his wife Terri and is father to two daughters, Jamie and Bryanne. He enjoys fishing, hunting trips, and other outdoor adventures with his friends and family when he is not busy working.
Since 1991, Platinum Retirement Solutions has been helping clients throughout the greater Bay area bring their financial goals to fruition through insurance products. Our more than 20 years of experience and commitment to excellence have earned us a stellar reputation in the financial and retirement planning industry.
We have also been able to build and nurture lasting relationships with our clients because of our dedicated and friendly staff. When you turn to us for financial planning assistance, you can expect we will take the time to patiently listen to your concerns and understand your circumstances.
You may be inclined to put off and worry about retirement planning later, especially if you are young. However, if you do this, you might find you and your family in a less ideal situation in the future. For your benefit and peace of mind, begin planning for retirement with help from Platinum Retirement Solutions.
Our team will leverage every possible resource and walk with you every step of the way so you can retire confidently. Call us at 408-241-0017 today!