Understanding FreedomLife Insurance Options

People that are young and in great health rarely think about health insurance. However, as people age and start a family, the idea of health insurance becomes a significant concern. Additionally, the vast majority of people who own a home regard life insurance as an important investment. Life Insurance is an important investment for anyone who wants to protect the people they love in the event that a catastrophic event occurs. The biggest question regarding life insurance as people delve into the fine details of life insurance is defining the right type of life insurance to purchase which varies based on personal needs.

Term Life Insurance

For people who need life insurance for a specific period of timeor people who need to life insurance for a larger amount of money but are on a limited budget, then Term Life Insurance from Freedom Life Insurance is probably the best choice. These policies have a specified period of time they insure a person for. Once that time frame is over, the policy ends unless it is a convertible term life insurance policy. Check more: http://www.whitepages.com/business/freedom-life-insurance-co-of-america-fort-worth-tx

What Is A Convertible Term Life Insurance Policy?

A Convertible Term Life Insurance Policy is a policy that can be converted into a permanent life insurance policy without the requirement of a medical examination. This is important because as people age they inevitably have more health concerns. They are less expensive than Permanent Life Insurance policies. However, permanent life insurance policies have other benefits for policy holders. Both of these insurance types can be obtained from Freedom Life Insurance and should be discussed with a licensed agent.

Permanent Life Insurance

By contrast, permanent life insurance is a policy that builds equity. A permanent life insurance policy can be similar to having a combination of a long-term life insurance policy and a savings account together. The policy does accumulate a savings amount of equity which can be borrowed against for any number of reasons over time.

Permanent life insurance policies from Freedom Life Insurance are designed based on need. Once they acquire an equity amount can be borrowed against even if the person is struggling with poor credit. This is true even if the use is for helping to keep the policy payments up. The policy remains in effect until a person dies if the payments are kept up.

The biggest differences in the two policies are that the permanent life insurance policy premiums stay the same no matter what the payments are at the start of the policy. With Term Life Insurance, the rate for the life insurance policy can increase every time there is a renewal of the insurance because it has no permanent guarantee or equity because it is in effect only for a specified time period.

Samuel Strauch’s Success Tips

Samuel is a real estate agent; his success journey is full of lessons for the beginning investors. He utilizes every opportunity that comes his way; this was revealed in an interview when he was asked about how he got his business ideas. Strauch’s success tips are based on how he prepares for his day and the way he does his business. Creative thinking is part of his life and making new friends which result to business opportunities is one of his each day’s objectives.

Samuel Strauch did also face some challenges which he got a great lesson from. He admits that at some point he did a job that didn’t utilize his full potential. The other problem that he faced was employing a friend who had little knowledge of the job description which he was to carry out. These two incidences cost him his precious time and resources.

Your mindset is crucial in business; having a positive mindset can help brighten your day. This great entrepreneur says that he sets his mind to always be a winner by giving his customers, team members, and fellow investors priority. Strauch loves developing his personal life and making the life of his beloved ones better; he says that he better spend money on experiences than on things.

Samuel Strauch is a successful and learned entrepreneur. He holds a bachelor of business administration degree from Hofstra University. He started his first real estate company, Affinity Realty Group in 2002. The company developed over the years to Metrik Real Estate, Metrik Real Estate is headquartered in South Beach, Florida. Samuel is a successful agent in Miami; he has completed several transactions and ranked top by several companies in Miami. Strauch who started his career as a banker before moving to real estate business has also invested in restaurant and internet businesses. Samuel Strauch loves art, photography and spending his leisure time reading.

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