Life Insurance
Expert Consultations for Informed Decisions
At Kalish Financial, we help you select the right life insurance policy to protect your loved ones’ financial future. Explore your options below, then contact us for a personalized consultation.
Understanding Life Insurance
Life insurance provides a death benefit to your beneficiaries, helping cover expenses such as funeral costs, outstanding debts, or lost income. Choosing the right policy involves balancing cost, coverage duration, and potential cash-value growth
Types of Life Insurance Plans
Kalish Financial offers guidance on all major life insurance vehicles:
- Term Life Insurance
Coverage for a set period (10, 20, or 30 years). Beneficiaries receive the death benefit if you pass away during the term. Policies can often be renewed or converted to permanent plans at term end. - Whole Life Insurance
Permanent coverage with level premiums and a cash-value account that grows tax-deferred. Ideal if you want lifelong protection and predictable costs. - Universal Life Insurance
Flexible permanent coverage—adjust premiums and death benefits over time. Includes a cash-value component that earns interest at a declared rate. - Indexed Universal Life (IUL)
Cash-value growth tied to a stock-market index (e.g., S&P 500) with downside protection through a guaranteed minimum rate. - Variable Life Insurance
Cash-value invested in sub-accounts (stocks, bonds, mutual funds). Offers growth potential—and risk—based on market performance. - Final Expense Insurance
A simplified whole-life policy designed to cover end-of-life expenses—funeral costs, medical bills—often with guaranteed issue up to certain ages.
What to Consider When Choosing a Policy
- Budget: Can you afford current and future premiums?
- Coverage Needs: Calculate how much your family would need to maintain their lifestyle.
- Policy Duration: Temporary (term) vs. lifelong (permanent) protection.
- Age & Health: Younger, healthier applicants qualify for lower rates.
- Cash-Value Goals: Do you want a savings/investment component?
- Risk Tolerance: With variable/IUL plans, consider market exposure.
When to Enroll in a Life Insurance Plan
- Individual Policies: Apply any time. Lock in lower rates by enrolling when you’re younger and in good health.
- Employer-Sponsored Coverage: Enroll during your employer’s open-enrollment window or after qualifying life events.
- Guaranteed-Issue Policies: No medical exam required, available year-round—but with higher premiums and lower face amounts.
- Association Group Plans: Some professional or alumni associations offer limited-time enrollment opportunities with group rates.
We’d love to hear from you.
Take control of your future by contacting us today for a free consultation and let our expert team guide you through your financial journey. Reach out now to schedule your personalized planning session and start building the secure financial future you deserve.