Tuesday, January 7, 2014

Life and Annuities

Very helpful Life Insurance information from Sentry Insurance.

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Sentry Insurance is one of the nation's leading insurers.

With Sentry, your local sales representative provides the personal touch you expect, helping make sure you are well protected with the life insurance coverage that meets your unique needs.

Term Life

Sentry's Term Life Insurance - Patriot Term III

Sentry's term life insurance product provides $50,0000 (minimum) of guaranteed level life insurance coverage to age 95, with 10-, 15-, 20- or 30-year level premium options.
Depending on the coverage amount and your age, Patriot Term III can be written on a simplified issue basis for individuals in good health.
Patriot Term III is convertible to permanent whole life insurance during the first five years of the policy. Conversion does not require evidence of insurability. Conversion rules do apply.
The following optional coverages are available in most states:
  • Waiver of Premium – in the event of disability
  • Children's Term Rider – affordable term life insurance for your children
Let a Sentry sales representative help you design a life insurance protection plan for you and your family.

Whole Life

Sentry's Whole Life Insurance – Traditional Whole Life III

Sentry's whole life insurance product provides $25,000 (minimum) of life insurance coverage with, guaranteed cash values, guaranteed level premium and reduced paid-up insurance.
The following optional coverages are available in most states:
  • Waiver of Premium – in the event of disability
  • Children's Term Rider - affordable term life insurance for your children
  • Accidental Death Rider – an optional rider can be purchased that will provide an additional amount of insurance if the insured dies due to an accidental bodily injury.
  • Guaranteed Insurability Rider – provides the option to purchase additional life insurance protection regardless of health at ages 22, 25, 28, 31, 34, 37 and 40.
Let a Sentry sales representative help you design a life insurance protection plan for you and your family.

Understanding Fixed Annuities

Annuities are often used as retirement savings vehicles. You pay a sum of money that is invested, and, in return, the life insurance company makes specified payments to you or your beneficiaries. Unlike money placed in a savings account, the money invested in a fixed annuity grows on a tax-deferred basis, which allows your money to grow at a faster rate.

Why Save Now for Retirement?

  • You can expect to live longer
  • Inflation impacts future financial needs
  • Health care costs are expected to continue to rise
  • Housing costs will also increase
  • Future of Social Security is uncertain

Retirement Savings Options

With Sentry's Payback Annuity, you can enhance your retirement with flexible contributions, a flexible retirement date and a guaranteed lifetime of income at retirement.
In addition to annuities, Sentry also offers other retirement savings options, including non-qualified, IRAs and Roth IRAs.
Let a Sentry sales representative help you plan for your retirement with the Sentry's Payback Annuity.
Property and casualty coverages are underwritten by a member of the Sentry Insurance Group, Stevens Point, WI. Life insurance, annuities, pensions and group products are issued and administered by Sentry Life Insurance Company, Stevens Point, WI, except in New York, where such products are issued by Sentry Life Insurance Company of New York, Syracuse, NY.
Lewis Insurance
2525 S. Lamar Ste 11
Austin, TX
78704
www.nationwide.com/joshlewis
www.austinhealthbrokers.com





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