Life Insurance
LHW Insurance makes life insurance available to members of credit unions in many varied ways. Because of the different requirements of individuals, life insurance can be designed with many aspects. It can be constructed so that the proceeds can be removed from an estate thereby eliminating both federal and state estate taxes. We have access to various programs of this type and design life insurance specifically for the individual needs of a member.
Some of the purposes of Life insurance are:
- Replacement of income
- Pay off a mortage
- Guarantee of a college fund
- Pay off of estate taxes
- Fund business agreements
- Provide retirement funds
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Life Insurance