Get in touch with JD


We're here to help you navigate the world of insurance and retirement planning. Whether you have questions, need more information, or want to schedule an appointment with

Jason Durocher, our insurance broker and retirement specialist, we're just a message or call away.


Please fill out the form below, and we'll get back to you promptly to assist you on your journey toward financial security.

Contact Us

FAQS

How does the cash value in a whole life insurance policy grow?

The cash value in a whole life policy grows through a combination of premium payments and the accrual of interest or dividends, depending on the policy type.

Can I access the cash value in my whole life insurance policy during my lifetime?

Yes, you can access the cash value through policy loans or withdrawals, but it's important to understand the implications for your death benefit and tax consequences.

What are the tax advantages of whole life insurance policies?

Whole life insurance offers tax-deferred growth of cash value and generally allows for tax-free withdrawals up to the policy's basis.

How can whole life insurance be used for estate planning purposes?

Whole life insurance can provide a tax-efficient way to transfer wealth to beneficiaries, as death benefits are typically income-tax-free.

What are the unique features of index universal life insurance?

Index universal life insurance combines death benefit protection with the potential for cash value growth linked to the performance of stock market indices.

How does the "indexing" feature work in index universal life policies?

The indexing feature credits interest based on the performance of a chosen index (e.g., S&P 500), offering the potential for higher returns compared to traditional fixed policies.

Is term life insurance suitable for long-term financial planning?

Term life insurance is ideal for temporary protection needs, such as covering mortgage or education expenses, but it does not build cash value for long-term savings.

What factors should I consider when selecting the term length of my policy?

Consider your financial responsibilities, like the duration of mortgage payments and your children's expected education timeline, when choosing the term length.

How do policyholders have control over premium payments in universal life insurance?

Universal life insurance allows policyholders to adjust the premium amounts and frequency to suit their changing financial circumstances.

What is the primary goal of an immediate annuity?

Immediate annuities are typically used to provide a guaranteed stream of income starting immediately, often used for retirement income planning.

Can annuity income be customized to meet specific retirement needs?

Yes, annuities offer flexibility to choose between various payout options, such as lifetime income, period certain, or joint and survivor options.