Schmitt Group Insurance

Schmitt Group Insurance Our mission is to help clients protect what matters most through Mortgage Protection, Life and Final

Currently servicing the State of Missouri, Illinois will be coming soon.

04/16/2021

Understanding permanent life insurance and what it can offer you and your family.

04/16/2021

Simple steps to healthier meals

04/16/2021

Asset classes are groupings of investments that display similar characteristics, this is important to understand for better portfolio diversification.

Mortgage Protection CoverageOne of an individual or a couple’s biggest expenses in life is their home mortgage.Therefore...
04/10/2021

Mortgage Protection Coverage
One of an individual or a couple’s biggest expenses in life is their home mortgage.
Therefore, if an income earner passes away unexpectedly, this could mean that his or her survivors would no longer be able to pay the mortgage – and in turn, be forced to move from their home. This occurrence can be made even more difficult, as the family is already facing pain.
With mortgage protection coverage, should the unthinkable occur, this policy will pay out an amount that can pay off the survivors’ mortgage balance. Americo Life Insurance Company offers mortgage protection policies with face amounts of between $25,000 and $400,000.
https://sites.google.com/view/schmittgroupinsurance/home

Term Life Insurance vs. Permanent (Whole) Life Insurance:Whole life insurance is the most common type of permanent life ...
04/10/2021

Term Life Insurance vs. Permanent (Whole) Life Insurance:

Whole life insurance is the most common type of permanent life insurance. Like other types of permanent life insurance (universal life insurance and variable life insurance, for example), whole life insurance provides coverage for as long as you live, as long as you remain up to date on paying your policy premiums.
Whole life insurance policies feature fixed premiums for the life of the policy. With plan premiums that won’t increase, you can experience improved transparency and predictability with your long-term life insurance costs.
Whole life insurance policies can also accrue cash value over time. Once your policy has built up enough cash value, you can typically withdraw it or borrow against it like a loan.*
Loans or withdrawals may affect your policy’s cash value and the death benefits tied to the policy, so make sure you understand the terms associated with your whole life insurance policy.
Unlike variable life insurance, the cash value of a whole life insurance policy is not dependent upon the market. In fact, most whole life insurance policies grow a cash value at a guaranteed minimum rate.
Because of the cash value component and the fact that the policy could be in effect for the rest of your life, Whole Life Insurance premiums are typically more expensive than term life insurance premiums.
https://sites.google.com/view/schmittgroupinsurance/home

The four benefits of having Term Life Insurance are:1. Cost - Term policies are typically more affordable than Permanent...
04/09/2021

The four benefits of having Term Life Insurance are:
1. Cost - Term policies are typically more affordable than Permanent Life policies because it only provides protection for a set amount of time.
2. Versatility - Although the death benefit of a Term Life policy can be used any way the beneficiary chooses, the funds are most commonly used for funeral and burial expenses to college loans.
3. Flexibility - Term Life policies enable you to choose how long you want your policy to last. As financial needs disappear, so might your need for a Term Life policy.
4. Simplicity - As long as you pay the premium in full and on time, you're covered for the duration of the policy, You simply decide the coverage amount and the length of the term.
https://sites.google.com/view/schmittgroupinsurance/home

Why do children need life insurance? There are many possible answers to that question, but here are a few. First, your ...
04/09/2021

Why do children need life insurance? There are many possible answers to that question, but here are a few.
First, your children will always have life insurance regardless of future health.
Second, you get peace of mind. A life insurance policy valued at $10,000-$15,000 would more than cover funeral costs should the unthinkable happen.
Third, the policy can build cash value. By the time your children turn 18 they could have a nice nest egg they could use to buy a car, or borrow off of the policy to help pay for college.
And fourth, the premium rate is locked in for the life of the policy.
If you would like to see what a children's whole life insurance policy would cost, message us for a quote today.
https://sites.google.com/view/schmittgroupinsurance/home

04/08/2021

Life is full of uncertainties. I can help take one of those uncertainties out of the picture.

Address

Springfield, MO
65807

Opening Hours

Monday 10am - 9pm
Thursday 10am - 9pm
Saturday 5pm - 9pm
Sunday 5pm - 9pm

Telephone

+14173511475

Website

Alerts

Be the first to know and let us send you an email when Schmitt Group Insurance posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Schmitt Group Insurance:

Shortcuts

Share

Category