Despite the cynicism in the world today, we still believe in the American Dream and everyone's right to pursue it here in our great nation. The average family out there is only a couple of paychecks away from financial ruin. We are here to protect them from that through our rich and diverse product options designed to fit every budget. No one knows the day nor the time they will be taken from this earth leaving behind a grieving family who will no longer be receiving their income. We help families to guard against the severe financial loss that would come with the loss of their loved one.

 

For most American families, the mortgage represents the largest source of personal debt, a debt that can easily default in the event of the primary breadwinner's death. SFG's premier product, mortgage protection insurance, is a specialized form of life insurance designed to pay off the mortgage if that should occur, so that families can keep their homes no matter what.

 

Death is an emotional time for a family. In addition to bereavement, there is also the loss of income and the looming threat of unpaid bills. Term life insurance pays families a cash benefit if death should occur, easing their financial burden during a difficult transition.

 

Death isn't the only thing that threatens a household. Disability can just as easily cripple a family's ability to make mortgage payments. Mortgage disability insurance protects against this, ensuring payments are made regardless of the insured's health or ability to draw income.

 

Retirement income is no longer as certain as it once was. It's becoming increasingly important to have a sound financial plan in place. With an annuity, you can guarantee income for the rest of your life and enjoy your golden years without worrying about the finances or burdening your family.

 

Like traditional universal life insurance, equity indexed universal life (EIUL) offers numerous advantage including flexible premium payments, low cost permanent life insurance, tax deferred growth of cash values with borrowing ability(1), tax free death benefits (2) and the ability to adjust a policy to meet specific personal or business needs.

 

The major difference with equity indexed universal life is the option to participate indirectly in the upward movement of a stock index without accepting the normal risk associated with investing in the stock market. The actual interest credited to a policy’s cash value is determined by the annual changes of an equities index (excluding dividends). Most insurance companies use the S & P 500 Index® (3) as the underlying index for their equity indexed life product.

 

With equity indexed life, in years where the underlying equity index increases, the policy cash value is increased up to a certain limit usually referred to as the growth cap. The cap varies among insurance companies but is currently somewhere around 10-14% annually. In years where the underlying equity index is flat or loses value, the cash value is subject to the growth floor.  This combination of the potential to realize higher upside returns without the downside risk makes the equity indexed life insurance policy a unique and attractive cash accumulation vehicle.

As the chart below shows, the real value of the equity indexed universal life policy is its ability to earn a credited interest rate higher than a traditional universal life or whole life insurance policy without accepting the risk of loss associated with the variable universal life policy. The equity indexed universal life policy is designed to capture the best elements of both the fixed whole life and the variable life policies enabling it to earn an acceptable “middle of the road interest rate” without taking on unnecessary risk.