Life Insurance can help protect your family. The recommended amount of life insurance q person should have approaches six to eight times their annual gross income. Under current laws, there is generally no federal income tax on death benefits paid to a named beneficiary. Please consult with your tax advisor.

We offer affordable term life and universal life insurance policies from many reputable companies.  Please complete the quote request for more information.

  • Term Life Insurance Policy Information

A term life insurance policy is life insurance coverage for a specified length of time usually 5, 10, 20 or 30 years. It is usually purchased with a particular need in mind, such as mortgage protection. Beneficiaries will receive the face value of the policy upon the insureds death. Term life will have the lowest premium, but there is no cash value and if the insured survives the time period, the policy expires.  Most policies will have a conversion feature permitting the policy-owner to exchange a term policy for a cash value policy without evidence of insurability. You can speak with one of our life insurance agents at (262) 547-7965 to discuss the policy features and options in more detail.

  • Universal Life Insurance Policy Information

Universal life is a flexible premium policy that combines protection against  death with a cash accumulation account that earns a market rate of interest with a guaranteed minimum rate of interest. The interest rate paid on the cash value typically is higher than whole life insurance because they trend with the markets. Premium payments for universal life insurance policies are very flexible.  They can be paid monthly with EFT, quarterly, semi-annually or annually.Each month deductions are taken from the cash value and interest and premium payments are added to the cash value.  As long as there is sufficient cash value to maintain the monthly costs, the policy will remain in force.

Why Pick an Independent Agent?

Agent-Brochure_small

 

Download this comprehensive brochure that explains the advantages of hiring a Professional Independent Agent.

pdfClick to download the PDF

What is Insurance Scoring?

PIA_Credit_Brochure_small

 

Download this comprehensive brochure that explains insurance scoring and how your credit score can effect your rates.

pdfClick to download the PDF

Goodness Insurance Agency    |   2312 N. Grandview Blvd.   |    Suite 206    |    Waukesha, WI  53188
Phone: 262.547.7965    |    Fax: 262.522.3003     |    Email: bud@goodnessinsurance.com
Professional Insurance Agents of Wisconsin