At Tahoe Rim Wealth Advisors, we adhere to a data-driven three-step process to ensure success in all that we do for our clients. We create customized, comprehensive financial plans for each individual we work with. There are no two financial situations that are the same; therefore, each person requires a unique financial strategy. We are passionate about client education and host regular seminars. Joanna Moran CFP® AIF® CDFA® specializes in investment planning, life insurance, and divorce financial planning. With her experience and your goals, there is no limit to pursuing your financial success.
Life insurance is a contract between a life insurance company and an insurance policyholder. The insurer promises to pay designated beneficiaries a specified sum of money upon the insured’s death. The insured party pays the life insurance company premiums in exchange for the death benefit. The life insurance policy and life insurance rates vary depending on an array of factors. Namely, the amount of the death benefit will drastically change life insurance rates. Life insurance is vital because it provides you peace of mind and protects your family after your passing. When you pass away, your family is left with the cost of your death and any debts you owe, including a mortgage. It is possible to get affordable life insurance. An experienced independent advisor can help you find the life insurance policy that works for you at rates that do not sacrifice your budget.
There are four major types of life insurance: traditional whole life, term life, universal life, and variable universal life. Each type of life insurance comes along with many variations. However, each type has specific key differences in the nature of the policies themselves.
There are so many options to consider when looking to purchase a life insurance policy. Depending on your current situation, future goals, dependents, life course, retirement plans, and so much more, one policy type may be a better fit for you than another. Like any other major financial decision, it is best to get your financial advisor involved in deciding which option is right for you. Our experienced financial professionals are here to serve you in all of your life insurance needs. Whether you want to provide peace of mind, ensure that your cost of burial and other death expenses are paid, pay off debts, or even provide a cash value in retirement, we will help you determine which life insurance policy will work for your unique situation.