When looking to protect your loved ones – your partner, children – the type of life insurance and the amount you choose depends on many factors. We’ll help you make an informed decision to safeguard those you love.

Life Insurance with the Byrnes Agency

The Gift That Keeps on Giving

At some point in our lives we all consider purchasing Life insurance…whether it’s to provide security to our partner and loved ones in the event of our death, or a way to save and accumulate income for the future.

Depending on your particular situation and where you’re at in your life, our specialists at the Byrnes Agency can discuss the various options available to you. This includes everything from Term Life insurance to Whole Life and Universal Life. We’ll discuss the benefits of each type of policy and what makes the most sense for your particular situation. We’ll also help you evaluate the amount of Life insurance you need and go over the various tax implications based on the type of policy you choose.

Looking Towards the Future

Life insurance is a smart vehicle to help pay for final expenses, debts, estate taxes, etc., or any other financial debt or need you may leave behind in the event of your death.

There are benefits during your lifetime as well, as the policy grows in cash value over time, and any tax on that increase is deferred unless you withdraw the money before maturity. Your policy (assuming it is a permanent life policy as opposed to term life) can become a good source of funds for such things as a down payment on a home or your child’s college tuition (taking into consideration tax implications).