Life Insurance
The Best-Kept Secret of Life Insurance from Cornerstone Financial
The main reason to have life insurance is that you want your loved ones to receive money after you die. But that’s only part of the story…
Life Insurance allows you to create wealth allowing policyholders to access the cash value or accelerate the death benefit for your own use while you are still living. A “living benefit” and they may be the best-kept secret of life insurance. It’s not about IF life will surprise you it’s WHEN life surprises you.
People give birth and death a lot of attention. But when you think about it, the stuff in the middle is what life is all about—education, work, marriage, children, home ownership, retirement. And, life insurance and its benefits can ensure that peace of mind for yourself and your family.
Important life events such as marriage, the birth of a child, buying a home or event those unexpected turns like divorce and starting over. Cornerstone Financial is committed to providing you with life security.
Let us show you some of the ways Cornerstone Financial helps protect Grande Prairie and area residents with Life Insurance:
Leaving a Legacy
You’ve spent a lifetime accumulating wealth and you want to pass it on to your loved ones. But also consider the fact that passing on assets to the family also means you’re passing on a potential debt, or unforeseen expenses. The funds received from life insurance can help with those expenses, potentially even enabling you to leave them more than you originally anticipated.
Life Insurance is more than providing for your final expenses it allows you and your family to do such things as pay off debt, create long-lasting wealth or even provide a college education for your kids or grandkids.
At Cornerstone Financial we understand that the idea or different policies and financial statements can be overwhelming that is why we are here to find the unique policy meant for you, designed for your needs and wants for the future.
Business Ownership
Grande Prairie is one of Canada’s most entrepreneurial cities. If you are a business owner, then you know that growing a business takes years of hard work and dedication. Protecting your business with life insurance can help it stay strong well into the future. Business owners commonly get the types of policies that allow for access to cash value.
How can you ensure that your business in its entirety will be protected? Cornerstone Financial will work with you to ensure that you are left with peace of mind in protecting everything that you have dedicated your life’s work too.
Create Income for Retirement
Life can come with some large expenses, such as paying for your kids’ or grandkids’ college educations, the mortgage, or a major emergency. You may also want to supplement your retirement income—another large expense.
Permanent life insurance has the potential to accumulate cash value, used any way you wish including extra retirement income. The cash value grows without taxation..
Pay Less in Taxes
Taxes are a fact of life. Many of us, okay none of us want to pay any more in taxes than we absolutely have to. Life insurance offers tax benefits; both term and permanent policies will provide your beneficiaries with a potentially tax-free death benefit when you pass.
The bottom line: When you die, life insurance provides money to the people who depend on you. It can also do much more. Let us help you design the type of policy that fits your life, your needs
What Can I Do? – At Cornerstone Financial we get it, don’t let the thought of insurance become overwhelming for you. Protection for you and your family starts with just one conversation over a cup of coffee. Call us today and let’s discuss your options for the future.