Protecting Your Assets
How can you be sure you have enough to fully protect your most important asset – you? Like many people, you probably have insurance to protect tangible assets like your car and home. Let our investment professionals help evaluate your situation to give you peace of mind protection.
Term Life Insurance
This guarantees a fixed benefit if the policyholder dies during a set period of time. It is also considered the preferred option to protect your life for a specific timeframe (such as until children reach a certain age or to pay for their college expenses or mortgage if you should die). Term Life Insurance may provide the most affordable type of insurance for you. This type of insurance is ideal for temporary needs.
Whole Life Insurance
Whole Life Insurance provides you with a guaranteed death benefit and a guaranteed rate of return on your cash values. You pay a set premium that is guaranteed to never increase. Consider whether a whole life insurance policy will help you’re your objectives such as providing lifetime income for your surviving spouse, estate liquidity, “death” taxes, or funding retirement. This product is an excellent option for those seeking a permanent insurance policy.
Universal Life Insurance
Part insurance and part asset accumulation, Universal Life Insurance has flexibility and allows you to adjust the premium payments, premium amounts, and value of the death benefit. Use the tax-deferred accumulation for college tuition, making a major purchase, or supplementing your retirement income. This product is an excellent option for those seeking a permanent insurance policy.
Variable Universal Life Insurance
In this type of policy, the cash value may be invested in a wide variety of accounts that are linked to stock and bond portfolios. The flexibility of this policy contrasts Whole Life Insurance which has fixed premiums. Variable Universal Life Insurance may be an appropriate alternative if you are looking to address your long term insurance needs with an investment component. This product is an excellent option for those seeking a permanent insurance policy.
Long-Term Care Insurance
The average cost of nursing home care can exceed $80,000 per year. After age 65, Americans have more than a 70% chance of needing some form of long term care services1. Long-Term Care Insurance (LTCI) allows you to remain independent and in the lifestyle you’ve grown accustomed to. Like any insurance product, LTCI allows the insured to pay an affordable premium to protect from an unaffordable catastrophic event. The purchase of long term care insurance varies based upon your age at the time of application, prior and current health conditions, benefits you select, and number of years you want a company to pay benefits. A variety of payment options are available.
Disability Income Insurance
Disability Income Insurance provides peace of mind and family income for a specific amount of time should you become sick or injured and unable to work. The amount and time frame of your disability income insurance program varies from individual to individual.
Securities and insurance products are offered by Cetera Investment Services LLC, member FINRA/SIPC. Advisory services are offered by Cetera Investment Advisers LLC. Neither firm is affiliated with Citizens Independent Bank or its related companies. Investments are: • Not FDIC insured • May go down in value • Not financial institution guaranteed • Not a deposit • Not insured by any federal government agency.
Investment Executives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.
Advisory services may only be offered by an Investment Adviser Representative in connection with an appropriate Advisory Services Agreement and disclosure brochure as provided. Registered address: 5000 West 36th St, St. Louis Park, MN 55416.
Consult your legal or tax counsel for advice and information concerning your particular circumstances. Neither Cetera, nor any of its representatives may give legal or tax advice.
Check the background of Citizens Investment Services' investment professionals on FINRA's BrokerCheck.