• Term coverage is temporary and it will not accumulate cash value. Term is the lowest cost form of coverage over the short run.
• Guaranteed Whole Life is coverage for the long haul. Premiums are guaranteed never to go up your entire life. Policy limits and cash values are also guaranteed so you and your financial plan will not be harmed in the future.
• With Universal Life insurance your cash value and your benefit amount are sensitive to interest rates. “UL” provides a permanent (cash value) approach to financial planning, but with more risk than Whole Life.
• Juvenile Life Insurance includes Term, Whole life, and Universal Life. When you want to help plan for a child’s financial future consider a juvenile plan with simplified underwriting and coverage tailored to fit comfortably within your budget.
• Disability Income Insurance…What if your income suddenly stopped? Most of us have missed work for a day or two because we were sick.  What if you were sick or out of work for 3 months?  How about one year?  How would you continue to pay for your house, cars, utilities, and food?

***PLEASE NOTE***

It is not the intent of Wagner Insurance Agency to give tax or legal advice. The statements in this section regarding tax treatment simply reflect our understanding of current tax laws as they relate to life insurance.

Since tax laws are subject to change and reinterpretation from time to time, we would suggest that you seek advice from your own tax advisor when needed.