How you would like to provide for your loves ones is up to you.
Golden Gables Insurance works with the top of Life Insurance companies to provide the best coverage at the best price.
Life insurance is the most effective way to protect yourself and your family financially from unexpected events. Life insurance is a contract between you and an insurance company where you agree to pay monthly installments in exchange for the promise of receiving money in the event of a qualifying event.
Previously, life insurance only paid upon the death of the insured; Today there are Living Benefits, which are free riders within life policies that allow you to advance all or part of the protection money in the event of a terminal, chronic, critical illness or critical injury. Living Benefits give more meaning to life insurance since the insured does not have to die to see the benefits of their policy. Now you are protected at all times, whether in case of death, illness or injury; and even if you live longer than estimated, you can enjoy the savings generated in your life policy.
In general, life insurance is an instrument that, when properly implemented, provides financial security to both you and your loved ones at critical times, when it can no longer generate income; thus maintaining the standard of living of his family.
Golden Gables Insurance has proposed to bring each family the possibility of being insured with the best companies in the United States. We offer honest and free advice as well as in-depth knowledge on the subject, to provide you with the best protection at the best cost according to your personal needs.
How much does life insurance cost me in Florida?
The price depends mainly on age, health, the amount with which you want to protect and the type of life insurance; although other factors such as credit, criminal record and driving record may influence. Companies compete to give a better price, but the differences are usually minimal, so we must always look more carefully at the benefits and coverage than the price itself.
What is the best life insurance?
There is no life insurance better than another, each person presents a unique situation and at that time the best thing would be a personalized advice from one of our life insurance agents. Taking a life insurance policy is possibly one of the most serious decisions you can make, a life insurance quote online is not going to tell you the truth of what is hidden in a life insurance policy, do not take it to lightly and let us advise you with the best we have: honesty and personalized service.
What are the Living Benefits?
Life insurance can do more than pay for a death benefit. With good riders, you can speed up your death benefit due to a qualifying illness or injury and potentially provide a guaranteed source of retirement income if you live long. ABRs (Anticipated Benefit Riders) are optional riders, at no additional cost, that allow you to access all or part of the death benefit while you are alive if you suffer a qualifying terminal, chronic or critical illness or critical injury .
Most frequent questions and answers about Life Insurance
Term Life Insurance
√.- Guaranteed coverage for a specified period of time or up to a certain age, provided that the premiums are paid.
√.- Generally renewable once the period is over, although premiums are likely to increase.
√.- Provides the death benefit if you die within that defined period of time, plus living benefits are included for the same price, it does not accumulate cash value.
√.- Generally allows you to buy a higher death benefit for the lower cost of the premium; it is often the most affordable coverage.
Whole Life Insurance
√.- It is called “permanent” insurance because it remains in force throughout your life, as long as you pay the programmed premiums.
√.- Premiums are designed to remain stable throughout the duration of the policy.
√.- Has the potential to create tax-deferred cash value and may be able to access these funds with tax advantages.
√.- When you die, your beneficiaries will receive the amount of the death benefit, less any outstanding loans and loan interest that may be payable on the policy. Living benefits are included for the same price
Universal Life Insurance
√.- Another type of permanent life insurance that has built-in flexibility. Flexibility allows you to adjust the face amount of your policy and the premiums you pay.
√.- Creates cash value without paying current income tax on increases and can potentially access funds through tax-free loans and withdrawals.
√.- Flexibility allows you to stop paying premiums if there is enough accumulated value in your policy to cover the cost of insurance each month. You can then pay additional premiums to increase your cash value.
√.- You can increase or decrease your death benefit depending on your life insurance needs. An increase may require an additional subscription.
√.- Two of the most popular types of universal life policies are Fixed Universal Life and Indexed Universal Life. One of the main differences between them is how the interest on the policy is credited. They both offer different degrees of warranties and returns, based on how much you are willing to risk.
√.- Fixed Universal Life: the interest rate is declared by the company.
√.- Indexed Universal Life: interest is based on changes in the value of a main market index.
√.- Household expenses
√.- Modifications in the home
√.- Nursing care at home
√.- Adult care center
√.- Regular invoices
√.- Expenses for quality of life
√.- Dream vacation
Events vary by company, but are generally:
Generally, if you have been diagnosed with a terminal illness that will result in death within 24 months of certification of the illness by a physician.
A physician has certified, in the past 12 months, that you are unable to perform two out of six “activities of daily living” for a period of at least 90 consecutive days without assistance, or that you are generally cognitively impaired.
Daily life activities:
√.- ALS (Lou Gehrig’s disease)
√.- Aortic graft surgery
√.- Aplastic anemia
√.- Cystic fibrosis
√.- End-stage renal failure
√.- Heart attack
√.- Heart valve replacement
√.- Transplantation of main organs
√.- Motor neuron disease
√.- Stroke / Sudden cardiac arrest
Life insurance in Florida is not required. Since you signed a contract yourself, you have every right to break it. We have many clients who paid a high price in other life insurance companies even without Life Benefits and decided to switch and take advantage of our offer. We insist that with us you will find a total commitment to the seriousness, responsibility and honesty that you deserve. Our prices are the best because we work with the most competitive insurance companies for each market niche. Like the benefits, because there are very few companies that have life insurance with life benefits.
The first thing you need to know is that life insurance companies are obligated to reserve money. The Department of the Treasury and the Department of Insurance in each state constantly monitor that such reserve exists. There really is no way you can’t get your money’s worth with our Florida life insurance. All of our companies have been in the market for more than 100 years. It is very necessary that you also know that you are signing a completely legal contract, you will insure your life with life insurance companies that will answer for you at all times. And if you have any questions, our life insurance agents will be there to represent you.