Life Insurance

When it comes to finding comprehensive life insurance in California, Machen Wealth has the information that you need..

By purchasing life insurance, you can make sure that you provide for your family and loved ones, even in dire circumstances. Life insurance benefits can be used for a variety of applications, including funeral costs, replacement earnings for lost wages, or even education benefits for children.

There are different types of life insurances:

• Term Life Insurance
Term Insurance is usually the most affordable choice, but it covers you for a set amount of time, after which your policy ends.
• Whole Life Insurance
Whole Life covers you for your entire life, and has a cash value that you can use for various expenses.
• Variable Universal Life Insurance
Universal Life covers you for your entire life as well but is more flexible, and you can change the coverage as your needs change.
• Indexed Universal Life (UIL) Insurance
Indexed Universal Life allows you to allocate cash value amounts to either a fixed account or an equity index account. Policies offer a variety of well-known indexes such as the S&P 500 or the Nasdaq 100.

It can be difficult to determine how much, or what type of life insurance you need. And life insurance can be more than a safety net. Depending on the type you get, it can be the foundation for a solid financial plan. Machen Wealth can make you recommendations that are based on your priorities and what you can afford, so you can get the right kind of life insurance. Contact Scott Machen at 916- 526- 2680 for your insurance related questions.