Life Insurance and Retirement Planning
You are at a family gathering and you just finished the normal chat with the family’s elders about their children and their earlier years. As you sit back and watch everyone socialize, you begin to wonder what life will be like ten, fifteen, twenty years from now when you retire. Then you think about your aunt and uncle that passed a few years ago. What if you do not live to see retirement? What would your family do?
No need to worry. Virginia Insurance Services has you covered. Our agency offers whole, universal, term, and group policies to cover your life insurance needs. Additionally, various IRAs are available to address your retirement needs.
Get some peace of mind and the financial security that your family needs. Get started with a free life insurance quote today.
Life Insurance – Questions and Quotes
Do you have questions or prefer to get a quote over the phone? Call us at 804-744-3345.
Types of Life Insurance
- Whole Life Insurance – Provides guaranteed life insurance protection and premiums that will not change. Additionally, the policies accumulate cash values that can be used to fund children’s education, pay medical bills, and various other personal needs.
- Universal – Provides the flexibility of both term and permanent life insurance policies because you pick the affordable coverage that best suits your needs and earn tax-deferred interest on the account value.
- Term – Provides large amounts of coverage, but at attractive rates. Term policy holders have the option to convert their policies to cash values during the guaranteed term.
- Group Life – Provides business owners with basic and supplemental term life insurance coverage for employees. These policies are renewed annually and provide guaranteed death benefits.
Retirement Planning Options
Our agency offers Traditional, Roth, SEP, and Simple IRA plans. Traditional and Roth IRA plans are available for all individuals and contributions may qualify as tax-deductible, dependent on an individual’s qualifications. SEP and Simple IRA plans are employer-sponsored, which makes them beneficial to self-employed individuals and offer higher contribution limits.
Can’t find a life insurance or retirement plan to meet your needs? Take a look at our annuities. We offer three types of annuities that provide guaranteed interest rates and tax-deferred savings without limits on annual contributions.