Financial Solutions
Financial Solutions
Jones & Jones is 100% focused on the needs of our senior clients. In addition to providing our clients with expertise in Medicare coverage and services, we offer additional products to help meet our client’s needs. Insurance companies rarely reach out to their current clients to see if their needs are being met. We pride ourselves on being proactive and supportive of our clients to make sure they have a positive experience.
LIVING BENEFITS
What if you got cancer or had a heart attack, but you didn’t die? Would it be okay if we delivered a life insurance check to you? Then, we can create a lifetime income for you and your spouse for the rest of your lives.
TERM LIFE INSURANCE WITH LIVING BENEFITS
Term life insurance is a low-cost way to provide maximum life insurance coverage for a specific period of time. The policy expires after the specified time, generally five to twenty years. Term life insurance only pays a death benefit if the insured dies during that term. However, at Jones & Jones, we will show you how to receive benefits if you are diagnosed with certain critical illnesses or have certain chronic conditions.
GUARANTEED UNIVERSAL LIFE WITH LIVING BENEFITS
GUL’s, also known as Super Term are a great fit for many folks. Some plans allow you to receive your full death benefit once you turn 85. Other plans offer a return of premium if you pay the entire life of the policy without making a claim.
Final Expense & Whole Life
Whole life policies provide permanent protection for the insured from the date the policy is issued through the date of death, provided premiums are paid. Cash value buildup may provide a source of funds to help offset costs for things like continued education.
With average funeral costs at about $8,000 to $12,000, Final Expense plans are a great way to help offset the financial burden for loved ones. These are small whole life policies, generally purchased by folks nearing retirement.
