Choosing between Term and Permanent FreedomLife Insurance

Life insurance policies can purchased under both term and permanent options. Differences between the two indicate that consumers should educate themselves before making a decision. A few basic guidelines are offered below.

Term Life Insurance

Term life insurance is so named because it is only valid for a specific amount of time. For example, Freedom Life Insurance may offer a policy with a 20-year term. The customer would pay monthly premiums with the expectation of a payout of benefits in the event of his or her death within those 20 years.

Freedom Life Insurance recommends a term policy under the following conditions:

Life insurance is only needed for a specific amount of time.The budget for insurance is limited.

  • Life insurance is only needed for a specific amount of time. Term life allows consumers to match their insurance needs with an anticipated amount of time. A good example would be parents who want life insurance only until their children reach adulthood.
  • The budget for insurance is limited. Because term life only pays benefits within a limited time frame, premiums tend to be less costly compared to permanent insurance.

It is possible to purchase a convertible policy that transitions from term life to permanent life. This is a good option for consumers who start with a limited budget but anticipate having more money to invest later on.

Permanent Life Insurance

Permanent life insurance comes in many forms including whole life and variable life. They all have one thing in common: benefits are not limited to a specific period of time. Once a policy is purchased, benefits are guaranteed for life.

Freedom life insurance recommends a permanent policy under the following conditions:

The consumer wants life long insurance protection.Insurance will be used as an investment tool.

  • The consumer wants life long insurance protection. All forms of permanent life insurance guarantee benefits regardless of when the purchaser dies.
  • Insurance will be used as an investment tool. Most forms of permanent life insurance serve double duty as investment tools. Premium payments add to policy value as the issuer invests those payments in order to generate returns.

Consumers should be aware that premiums for permanent policies are more expensive compared to term policies. The upside is that premium payments have an end date. Once a policy is paid in full, the consumer no longer pays into it.


Important Guidelines to Follow When Buying a FreedomLife Insurance Policy

Applying for life insurance cover requires consideration of several fundamental factors. When getting life insurance, one can choose either timed life insurance such as that of twenty years or permanent life insurance. When selecting a life insurance policy, it is crucial to choose the one whose premiums are most convenient to a person’s budget and the beneficiaries.

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Life insurance that has an expiry date on it requires one to compare its regulation policies to their needs. When an individual chooses a life insurance policy on a time deadline terms, for example, to cater for future payments, the person is required to buy an insurance coverage that strictly covers that amount of time. However, it’s important to note that such life insurance covers pay only during the period when the life insurance is valid. For instance, in case of death during the time that the life insurance term is meant to cover, the insurance pays, but in the event of death after the policy period, it does not attract any payment unless renewed.

A client can choose to change from the time-bound life insurance to permanent insurance. Renewing life insurance is more convenient in one’s younger years. Changing from temporary life insurance to permanent life insurance may require a medical report. Permanent life insurance makes payment regardless of the day of death of a person. An individual can use the savings on permanent life insurance to cater for other expenses and even maintaining the policy. In case of sudden death, any existing loans made on the permanent life insurance are repaid by the savings and then what remains is given a client’s grantee.

Life Insurance Policies at Freedom Life Insurance Company of America

Freedom Life Insurance Company of America is an example of a life insurance company. The organization has provided life cover for their clients since 1956. They cater for both time-bound and permanent life insurance covers for their customers. Freedom Life Insurance offers policies for accident and provides grounds for crediting their clients. At Freedom Life Insurance the premiums on either temporary or permanent life insurance are adjusted to fit a customer’s budget.

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USHEALTH Advisors Earn Additional Salaries and Affordable Insurance Covers

USHEALTH Group is a family of insurance companies with an aim of increasing service delivery for their clients. For this to be effective, the firm has employed USHEALTH Advisors who have improved the working standards of the company. Their contributions have enabled the company in realizing its goals.

However, the motivation of employees is important in ensuring their maximum productivity. Thus, USHEALTH Group has employed ways of improving on delivering this essential component of a business. The company gives free insurance covers to its employees and sometimes reduces the cost of premiums for their families.

The types of the insurance covers vary. They include Income Security, Accident and Property Damage, Disability Arising from Accidents, Life Assurance, Short Term and Critical Illness Covers and much more. Thus, the employees are freed of the charges involved in settling medical bills and other needs in case a risk arises.

Also, USHEALTH Advisors earn full salaries considering that no amount of money is deducted from their insurance covers. With this, they have increased their savings. In consequence, this has helped in maintaining financial independence.

USHEALTH Group has also provided USHEALTH Advisors with other ways of increasing their income earnings. Their participation in stock exchange markets has equipped them with skills on how to chase successful investments. Resultantly, they have owned company stocks which have led to their involvement in direct sales and purchase of the company’s shares.

Thereupon, the sales of stocks directly affect the number of additional salaries that they earn. For this reason, they have increased the revenue earning for the company so they also earn greater profits. USHEALTH Advisors have become champions in the stock exchange markets hence making USHEALTH Group one of the best insurance companies in the United States of America.

Most of all, the salaries earned by USHEALTH Advisors have also increased through commissions on the number of stocks that they sell for the company. Their integrity in upholding work ethics is the force behind the success of USHEALTH Group.

Also, the USHEALTH Advisors earn salaries by referring investors to the company. The increase in sales due to increase in the number of investors has made USHEALTH Group increase the number of salaries that they pay USHEALTH Advisors. Read more:


The Influential Leadership of Troy McQuagge at USHEALTH Group

Troy McQuagge is the chief executive officer of USHEALTH Group. He was named the Gold Winner, being the CEO of the Year for the One Planet Awards. This award is a global premier awards program which honors professionals and business for excellent performance. Organizations from different parts of the world are eligible for the award by submitting nominations. The organization can either be private, public, profit, or non-profit making. One Planet also recognizes companies for their professional excellence. The awards are conferred in different categories which include new product and services, marketing, and corporate communications.

Troy McQuagge stated that it was an honor to be named the winner of the One Planet Awards. He further stated that in reality, the award belongs to everyone who works at USHEALTH Group. According to him, the award is an indication of the commitment of the company to solving the problem of healthcare affordability through the provision of innovative coverage which grows as their need for health care increases.

USHEALTH Group is an insurance holding company whose headquarters is located in FT. Worth, Texas. The company is focused on the provision of innovative health coverage for small business owners and individuals. The primary goal of the company is to combine the talent of its employees and agents for competitive marketing and the provision of superior customer service in all the company operations.

Troy McQuagge joined USHEALTH in 2010 and started working towards making the company one of the leading in the market by re-building its distribution agency which is USHEALTH Advisors. In 2014, his excellent performance resulted in him being elected as the CEO and President of USHEALTH Group. Under his leadership, the company has registered unprecedented success, showing significant growth and an increase in its profitability. The company also became more competitive during his tenure.

Troy McQuagge is a corporate executive. He went to the University of Central Florida and has over thirty years work experience in the sales field. Troy McQuagge began his career in insurance sales in 1983 when he joined Allstate Insurance where he worked for many years. He, later on, moved to UICI/Health market in 1995. Check more:



There Are Different Kinds OfFreedomLife Insurance Policies From Which To Choose

The Freedom Life Insurance Company offers life insurance programs that are tailored to meet the needs of their clients. Each situation is different and careful planning can mean the difference between disappointment and the proper allocation of assets in the event of the death of an insured.  Visit:

There are essentially two forms of life insurance from which to consider in planning the needs of a family or a business for life insurance. Term life insurance is temporary coverage, although it can last for periods of up to 30 years. This type of coverage is most applicable to young families who need lots of coverage for a small amount of premium cost. The Freedom Life Insurance Company offers both kinds of coverage.

Permanent life insurance never expires and has a level premium throughout the life of the policy. It also has a cash value that can be borrowed against or paid to the policy owner if the policy is surrendered any time that the insured is still living. It is also called whole life because it lasts for the “whole” of a person’s life.

In many cases the planning of a life insurance estate will involve both kinds of coverage because typically more life insurance coverage is needed when a family is younger and less is needed for older ages. A plan might include total coverage of a million dollars for a young family with 90 percent of the coverage being the term. When the term expires, that still leaves $100,000 for final expenses when the husband and wife get older.

Businesses buy life insurance too. They cover key employees, buy and sell agreements, and retirement needs that are appropriate in business settings. A key person policy would replace the value of a key employee who has special skills or knowledge valuable to the business. If such a person should die, then the business would receive remuneration for that value that would be lost.

In partnerships or corporate businesses, life insurance is the perfect solution if one of the partners dies. In a true partnership or a corporate buy-sell situation, life insurance can buy the deceased’s interest in the business with the life insurance money. In this way the family has the deceased’s share in cash and the business can continue.

The Freedom Life Insurance Company can help in any of these stages of planning for a family or for a business and their life insurance needs.