BAICORP offers Life insurance.
Who is life insurance for?
If your goals are to to seek lifelong protection with a tax advantage investment plan; then this might be the solution you have been searching for.
What is life insurance about?
It is a vehicle that allows you to receive a lifetime protection. It also helps you to build a tax- free cash value. This tax-free cash value is one of the best ways to financially protect your family and your assets. In the event you passed away, the proceeds from your whole life permanent insurance would go to your named beneficiaries. This reduces the financial burdens of expenses such as covering funeral costs, paying debt or replacing lost income on your loved ones. And allowing them to foregather other important needs during a difficult time
Permanent life insurance vs Term life insurance
There are two types of life insurance : term life and permanent life. Participating in permanent life insurance means you are protected for your entire life ( as long as you continue to pay your premiums). However, term life insurance only protects you for a specific period of time. Your financial advisor can better help you to assess which type of life insurance is right for you.
How will this benefit me?
Protect your family
Avoid leaving your family with large financial obligations. Have final expenses covered, such as funeral costs.
Protect your legacy, and your family, with estate planning
Tax Sheltered Investment
When you pass away, your beneficiaries will receive a tax advantage cash value.
A customized plan with you in mind will provide you with guaranteed coverage and premiums catered to your needs
What more about life insurance do you need to know?
What is life insurance?
A contract between an insurer and a policyholder in which the insurer pays a tax free cash value to the named beneficiaries upon the passing of the policyholder. It provides financial security to the people you love.
What is term life insurance?
The most common type of insurance that can meet most of your insurance needs. It provides coverage over a specific period of time.
What is permanent life insurance?
It is insurance that provides guaranteed coverage for life. It is best suited for estate and retirement planning.
What is universal life insurance?
It is a type of permanent life insurance. It provides guaranteed coverage for life.It is best suited for longterm planning needs such as for your estate or your retirement. As well as , it can help your beneficiaries meet their immediate financial needs in the event you pass.
What is whole life insurance?
It is a type of permanent life insurance. It generally holds a cash value with savings that build over time. Some plans entitle you to dividend payments.
Not sure where to start?
Connect with an advisor to learn more about the solutions that are right for you.
Stay connected with us: