There are essentially 2 reasons that people purchase life insurance—they owe someone or they love someone.

Life insurance can help payoff mortgages, other debts and funeral expenses.  Additionally, maintaining your family’s same standard of living can be eased. Perhaps college expenses and charitable wishes can also be covered.

The sooner, the better. It is never too early to plan for the unexpected. When you are young and healthy, your risk to insure is less, and therefore your premium, is much lower. As your life stages change (marriage, children, home purchase, etc.), you should consider modifying your coverage.

There are essentially two types of insurance—term and permanent.

Term Insurance generally offers coverage for a temporary period (e.g. 10 or 20 years), at lower costs, with an option to convert to permanent coverage at a later date.

Permanent Insurance generally offers coverage for life with a fixed premium and access to cash value.

Most experts agree that seven to ten times your annual salary is sufficient for your beneficiary to become re-established financially.

An annuity can help you reach your retirement goals while enjoying tax deferred growth and the opportunity to receive a guaranteed stream of income, safe from market downturns and declaring interest rates.

Yes. Your principal and earned interest are safe regardless of market fluctuations. Guaranteed.

Interest earnings grow tax-deferred until withdrawn, usually at retirement age. Contract values have the ability to grow faster than they would in a currently taxed fixed alternative paying the same rate.

With an annuity your money could grow faster than in a currently taxed alternative

paying the same fixed rate. Since taxes are not owed until you begin receiving interest

income, you pay taxes later.

Contact your nearest Mountain Life agent. You can find an agent near you at Find An Agent – Mountain Life or you can contact us to arrange an agent to follow up with you by emailing us at contact@mountainlife.com