Find Your Tomorrow
Life happens. Together, we can make your life work.
At mylifewerks, we believe that everybody deserves to feel confident and secure in their tomorrow. That’s why we offer some of the best financial services product solutions in the market – solutions to help make it easier to build a future you can count on. We’re much more than an insurance company — we’re here to help you build a life plan that can make a difference today and into tomorrow.
Offering guaranteed growth, income, and protection
An annuity is a financial product that allows a contract holder to accumulate money on a tax-deferred basis and receive a series of payments at regular intervals. Individuals choose annuities to obtain an income or to supplement retirement income they will receive from Social Security, pension benefits, investments and other sources.
Securing your retirement income has never been more crucial. By choosing an annuity, you can guarantee a steady, reliable income stream for life, even if the policy value reaches zero.
With fixed annuities, premiums accumulate at rates of interest set by the company, and the amount of each annuity payment is determined when payments begin. The insurance company issuing the annuity guarantees the principal less any withdrawals or surrenders.*
Indexed Annuities are provided with alternate methods of determining and crediting interest. While traditional fixed annuities typically declare interest in advance for premium payments based on the performance of the company’s underlying investments for those premiums, an Indexed Annuities interest is determined, at least in part, by the performance of a specified index of marketplace performance (usually the S&P 500 Index® or Russell 2000®)* over a stated period.
Indexed Annuities offers important features including tax deferral, usually a death benefit that may be paid outside probate, and annuitization. Guaranteed Lifetime Income Riders are also available, at a cost, that can provide a steady stream of income for life.
Life Insurance Solutions
Protecting what you’ve built in life and those in your life that you love is the first step in creating your tomorrow.
To help you along life’s journey, mylifewerks provides an extensive array of financial solutions to help you along the way. We are here to make insurance easy to understand, and your choices simple.
Watch this quick video to see what a Living Benefits policy can do for you and your family.
Term life insurance is often the most affordable coverage because it offers protection for a specific number of years. You may want to purchase a term life insurance policy to:
- Get valuable coverage at an affordable price
- Help cover specific financial responsibilities like a mortgage or college expenses
- Supplement a permanent policy
Term insurance may be appropriate for young families with a minimum amount of cash and high protection needs, for consumers whose protection needs are temporary, or to supplement permanent life insurance.
Whole life insurance features guaranteed premiums, death benefits, and cash value.
There is also potential to receive dividends, which can increase the value of the policy while you are living or provide an increased death benefit for your beneficiaries.
You may want to purchase a whole life insurance policy if you want:
- Protection for life
- Payments that stay the same every year
- The ability to put additional money into the policy on a tax-favored basis
- Cash value you can use during your lifetime
Universal life insurance is considered to be the most flexible type of life insurance. The policy is a flexible way to help protect your loved ones and build tax-deferred cash value.
You may want to purchase a universal life policy if you want:
- Flexibility — you decide the amount of life insurance and premium payments subject to policy minimums.
- An estate, special need (family’s loss of income, mortgage costs, and educational needs) and business planning solution
- To accumulate cash value under the policy on a tax-deferred basis.
- Access to cash value for life’s opportunities
Final Expense Life Insurance can help families deal with grief, rather than worry about burial expenses
Call us today at 888.443.5250 to learn more about the financial solutions offered through mylifewerks.