Just sold a 250k term policy to an individual who wants to protect his son. Exactly what term is meant to be.
Posts Tagged ‘insurance’
Term Insurance
Thursday, October 29th, 2009Annuity Rates
Tuesday, September 22nd, 2009You the savoy client undertands that each insurer carrier offers different programs and products. Some you will find more to your liking others you wont. Allow SYD financial to shop your needs and find the most appropriate product for you.
Market Rally is for Suckers
Monday, September 21st, 2009Well the S&P is up 56% since 3/9/09 and Mr Bernanke is saying the recession is over. Go for it cash back into the market, increase 401k contributions, hmm even plan a vacation. Be Leery!!! have we seen corporate profits rebound, consumer spending, and an active credit market. NOPE- suckers rally.
Banks have been rescued not our economy
Corporate profits have risen from cost custting not increased sales
Banks are not lending to consumers or small business
Unemployment is still pushing higher
Institutions are investing shall we say wisely- trap for the consumers as we tend to follow whats hot.
Cash for Clunkers and 1st time homeowners relief cmon now.
As you can see we are not ready to rebound from the depths of hell. With no economic recovery in sight it is time to utilize what SYD Financial has to offer. SYD can help you relieve yourself of debt and protect your assets by using the features of tax deferred fixed annuities. Do you want to preserve your nest egg for your family ask SYD about their insurance programs.
In summary read what you want, beleive what you see but understand the articles we read in the papers are smoke and mirrors to make us believe we are heading in the right direction. its all about being cyclical and the time is here to settle debts. Contact SYD
IRA vs Permanent Insurance
Friday, September 18th, 2009So it was told to me many years ago the concept of investing in an IRA vs allocating funds in a cash value life insurance policy. The numbers speak for themselves. With an IRA you put away $3,000/yr for 30 years. You have now accumulated $90,000 in your nest egg and lets assume a 7% return. Your money doubles every 10 years- see rule of 72. You will have close to $300,000 in your portfolio but wait dont forget market risk. Whether this is a Traditional IRA or a Roth there might be tax implications. Lets now look at a whole life policy. Take that same $3000.00 a year and put it towards a insurance policy. Depending on health and current status that $3000 could land the insured a policy worth well over $1,000,000 upon the insured’s death. It will be a tax free benefit to the insured’s beneficiary. What now makes more sense- IRA’s or Insurance policy. Contact an agent at SYD to discuss in further detail
Wealth Transfer
Friday, September 18th, 2009Do you have a lump sum of money with no idea of what to do with it. Would you like to leave it to a loved one with a tax free implication. SYD can help you. Single premium wealth transfer is the way to go. Answer a few questions and your on your way to passing monies to your beneficiaries free of taxes. Ask your insurance specialist at SYD to explain to you Wealth Transfer
You know you love your family
Friday, September 18th, 2009If the sole purpose in life is for you to preserve your wealth and to provide for your family, then once again SYD financial is here to help. SYD is proud to announce that we are agents for all of the top insurance carriers in the nation. SYD offers term, permanent and variable life insurance products. They also offer fixed and variable annuities to help diversify your portfolio. Everyone needs insurance for many different purposes. Let SYD Financial help assess the appropriate amount of coverge to help protect your loved ones