Foundation Insurance Services LLC

08/04/2022

Individual Disability Income Protection is a must for a business owner, and highly recommended for executives. If you are a business owner, you should consider purchasing both group and individual policies, if possible.

08/03/2022

With Life Insurance the “Cash Surrender Value” is the amount available in cash upon voluntary termination of a policy by its owner before it becomes payable by death or maturity. The amount is the cash value stated in the policy minus a surrender charge and any outstanding loans and any interest thereon.

08/02/2022

Life insurance may be one of the most important purchases you'll ever make. In the event of a tragedy, life insurance proceeds can help pay the bills, continue a family business, finance future needs like your children's education, protect your spouse's retirement plans, and much more. If you're considering securing you and your family’s financial future, we would be happy to review your current situation and offer a few ideas on how you can protect it!

08/01/2022

College savings accounts let you build a fund for your child's college expenses. Once in the plan, your money grows tax-free. Provided the funds are used to pay for qualified college expenses, withdrawals are tax-free. Qualified expenses include tuition, fees, books, supplies, and certain room and board costs.

07/29/2022

It's not what you've got, it's what you use that makes a difference. Zig Ziglar

07/28/2022

Life Insurance 101: Most people need five to ten times their annual income in life insurance, and potentially more if they have kids and lots of financial obligations.

07/27/2022

Fast Fact: When people do buy life insurance, their main regret is not getting it sooner. Nearly 4 in 10 insured people wish they had purchased their policies at a younger age, locking in a lower premium.

07/26/2022

Universal Life Insurance was created to provide more flexibility than whole life insurance by allowing the policy owner to shift money between the insurance and savings components of the policy. Premiums, which are variable, are broken down by the insurance company into insurance and savings, allowing the policy owner to make adjustments based on their individual circumstances. For example, if the savings portion is earning a low return, it can be used instead of external funds to pay the premiums. Unlike whole life insurance, universal life allows the cash value of investments to grow at a variable rate that is adjusted monthly.

07/25/2022

Fast Fact: in 2022 44% of Millennials overestimate the cost of term life insurance by 5x. Contact us today for a no cost quote.

07/22/2022

The energy of the mind is the essence of life. Aristotle

07/22/2022

Explore information that will help you, your family, and business to succeed in retirement. 401Ks, IRAs, tax strategy, risk avoidance, longevity, healthcare, guaranteed income, and social security are just a few of the subjects discussed on the program.

-Explore information that will help you, your family, and business to succeed in retirement. 401Ks, IRAs, tax strategy, risk avoidance, longevity, healthcare...

07/21/2022

With Life Insurance the Evidence of Insurability is a statement of the prospective policyholder’s physical health and other information, such as assets and income, which helps the insurance company decide whether the applicant is eligible for insurance, the amount of risk they pose to the company and what premium the company will charge.