Protecting Your Wealth with Insurance

Insurance

INSURANCE PROTECTION

Insurance is the foundation of a generational wealth building plan and can help you accomplish many objectives along the way. Consider your long-range financial goals. Without your contribution to the household, would your family have enough money to meet the goals you’ve set for their future? The truth is, it’s a struggle when you lose someone you love, but emotional struggles don’t need to be compounded by financial difficulties.

Noble Street helps you understand the different types of insurance to help make it easier for people to put a plan in place that will help safeguard your financial future should the unexpected happen. Individuals, and families should create custom insurance plans designed to meet your protection needs at every life stage. Insurance provides flexible solutions that can help you achieve your financial goals based on your planning objectives and budget.

Don't Be Caught Dead Without it.

Life insurance can be the foundation of a strong financial plan and can help you accomplish many objectives. Consider your long-range financial goals. Without your contribution to the household, would your family have enough money to meet the goals you’ve set for the future? The truth is, it’s a struggle when you lose someone you love, but emotional struggles don’t need to be compounded by financial difficulties.

Any good life insurance plan is designed to meet your protection needs at every life stage. Based on your planning objectives and budget, find a plan that offers flexible solutions that can help you achieve your financial goals.

Whole Life offers lifetime coverage with premiums, death benefit and cash values guaranteed for the life of the policy as long as premiums are paid in a timely manner. Whole life insurance can be a valuable asset within your overall portfolio that builds value over time to protect your financial goals in the event of your premature death.

Term Life is a guaranteed premium term life insurance policy, renewable to age 95. Premiums are guaranteed level for the initial term period of 10, 15, 20, 25 or 30 years. The policy may be renewed after the initial term period at annually increasing rates until age 95.

Maximum amount of coverage for minimum amount of cost
Ideal for specified period of time
Flexible coverage periods
Can be renewed without proving insurability
Can be converted to a permanent policy without proving insurability
Provides a financial bridge when protection need is high and budget is restricted

Return of Premium Term offers the best of both worlds – life protection if you need it, money back if you don’t. Return of Premium Term is available for face amounts of $25,000 to $250,000. If the policy is in force when the initial term period ends and its terms have been met, 100% of your Returnable Premium will be paid back to you as a Return of Premium Endowment Benefit!

The maximum Returnable Premium amount is the sum of the annual premiums you’ve paid from the time you first purchased your policy through the last day of the initial term period. Additional premiums paid for riders, supplemental benefits, and rated policies are not included in Returnable Premium calculations.

It is your choice how you use your Return of Premium Endowment Benefit! Some people choose to put these funds towards retirement or towards paying off a mortgage. Others use it for debt reduction or to pay off business loans.

Final Expense offers you two whole life policies from which to choose. Both offer guaranteed premiums and a guaranteed death benefit. Over the years, there have been many ways you’ve shown your family you love them. And now, you’d like to give your family a little more security by helping to ensure your financial obligations are fulfilled after you’re gone. With Final Expense Life Insurance, you can design an effective plan that fits your needs.

Level Death Benefit Whole Life - Immediate full death benefit guaranteed never to decrease.

Modified Death Benefit Whole Life - For the modified death benefit whole life, a non-accidental death the death benefit is limited to the return of premium paid accumulated at 5% interest during the first 2 policy years. Thereafter, 100% of the amount of insurance is payable. From day one, full benefits are paid for accidental death.

These life insurance plans can provide an income tax-free benefit to help your surviving loved ones pay:

Funeral costs
Probate expenses
Outstanding debt
Medical bills

Your policy benefits may also be used to help:

Support a grandchild’s college education
Provide income to your survivors
Arrange for a charitable gift to a church or non-profit organization
Create an endowment fund

Your Greatest Asset is Your Ability to Earn an Income

It’s not possible to forecast an accident or an illness. If the unexpected happens and you suddenly become disabled, you could face financial strain. Disability Insurance(1) can help relieve that strain by providing a cash benefit that can be used for any purpose, such as replacing lost income, buying groceries, or paying for uncovered medical bills. Disability Insurance is another step towards helping you protect your financial future.

Individual Disability Insurance provides a benefit to help pay your basic monthly living expenses should you become sick or hurt and Totally Disabled.

Some basic monthly expenses that you could use a Personal Paycheck Power® benefit to help pay for include mortgage, rent, utilities, groceries, car payments, child care or credit card balances.

Guaranteed renewable to age 67, which means as long as premiums are paid, the policy cannot be canceled

Receive base benefits in addition to Social Security or workers’ compensation

24-hour coverage, 7-days a week, on or off the job

Coverage if you are Totally Disabled from your own occupation for a specified period of time (generally two years but may be shorter) and then Totally Disabled from any occupation.

Do Not Rely on Medicare to Take Care of You if You need Assisted Living Services

As you age, you may need help with things you’ve always been able to do yourself – shopping for groceries, fixing meals, cleaning the house. You may also need help with personal services, like bathing, dressing or taking medications. A long-term care insurance policy(1) is designed to help you pay for these types of services.

Long-Term Care insurance may be right for you if…

You intend to remain in your home as long as possible.
You value your independence and enjoy your home.
You’re not planning to go anywhere…certainly not to a nursing home.

Family relationships are important. Your family means the world to you. You love spending time together and don’t want to do anything to jeopardize those cherished relationships

You want to protect your retirement savings. You worked hard to plan for a comfortable retirement. Spending your life savings on long-term care services isn’t on your to-do list.

Every Now and Again an Annuity is The Solution

With longer life expectancies, fewer pension plans, doubts about Social Security, and market volatility, it’s harder than ever to feel secure about your retirement income. That’s why many people are turning to annuities(1). Noble Street rarely recommends annuities as part of planning strategy. When we do, immediate annuities are most often recommended because of their simplicity and ease of understanding.

An annuity is a contract with an insurance company that can help you put away money for retirement on a tax-deferred basis and provide an income stream during retirement that is guaranteed(2) to last as long as you do. You can decide when that income stream starts—now or in the future—and you have options that will provide for your loved ones after your death.

An income annuity provides guaranteed(2) , predictable income that you can’t outlive. When you purchase an immediate annuity with a retirement or personal savings account, you turn it into a reliable, lifelong retirement income stream you can count on. You choose an annuity based on whether you want a payment that is fixed or one that increases by a specific percentage each year.

There are many types of annuities to choose from, depending on your goals, time frame, risk tolerance and family situation.

Looking to build your retirement savings so you can reach your retirement goals?

At some time in the future, you can convert the money you paid for the annuity into a lifelong retirement income stream. A deferred annuity lets you put aside money for retirement while taking advantage of tax-deferred growth.

A variety of deferred annuities and income plans can provide future income in retirement and suit your goals, time frame, risk tolerance and family situation.

Noble Street Wealth Management and Noble Street are marketing names for The RSD Group, LLC., a State Registered Investment Adviser, member FINRA. Financial Planning and Consulting and Investment Management services are offered through Noble Street. Life and Disability Insurance, Annuities, Life Insurance with long-term care benefits, Long-Term Care Insurance and Employee Benefits are offered through Noble Street Financial, LLC., a licensed Life, Health and Accident Insurance Agency and affiliate of Noble Street.

In the course of assisting clients with constructing a comprehensive financial plan, Noble Street may recommend insurance products to a client, offered through Noble Street Financial, LLC. Clients are under no obligation to use Noble Street Financials' services and have the option to work with the insurance agent/agency of their choice. Products and services referenced are offered and sold only by appropriately appointed and licensed entities and financial professionals. Not all products and services are available in all states.

The use of the term "Registered Investment Adviser" and description of Noble Street Wealth Management and/or our associates as "registered" does not imply a certain level of skill or training.

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