Fall 2019 Member Magazine
into additional life insurance down the road regardless of their health. Protection for a growing family Diego, a 35-year-old father of two with one on the way is the family’s breadwinner. He hasn’t yet reached his prime earning years and is concerned about his family if something were to happen to him. Diego and his Advisor decided that he needed a customized plan that included permanent coverage to last his lifetime, as well as term coverage for the next few critical years. His new $50,000 Value Life Insurance plan was an affordable permanent coverage option, maximizing his dollar without breaking the
bank. To address his needs, he added a $500,000 20-Year Term Rider to his permanent policy. Building for retirement Sofia is a 45-year-old mother of two teenage daughters. She’s been diligently working to ensure she’ll be able to retire comfortably in 20 years. Sofia’s Advisor recommended a 20-Pay Whole Life Insurance plan, which would require her to only make payments until she retires at age 65. That means Sofia will enter retirement with the relief knowing she has the coverage she needs without having to make another payment.
Have you experienced a life-changing event recently? While you prepare for the new year, we invite you to reach out to your Advisor to re-assess your financial well-being. At the end of the day, it’s not about products; it’s about having comfort in knowing that you’ve made the right financial decisions for you and your family. Contact your Advisor or visit cfl.org/findadvisor
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FALL 2019 CATHOLIC FINANCIAL LIFE 9
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