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WHERE PERSONALIZED LIFE INSURANCE SERVICES MEET EXPERTISE. EXPLORE OUR OFFERINGS, AND SECURE YOUR FINANCIAL FUTURE WITH US.
WHY GET LIFE INSURANCE?
Guaranteed protection
If you have a family, a business, or others who depend on you, the life insurance benefit of a whole life policy acts as a financial safety net. When you die, your beneficiaries will receive a lump-sum payment that is guaranteed to be paid in full (provided all premiums are paid and there are no outstanding loans). It’s essential protection that you can count on to be there for your loved ones when needed.
Guaranteed cash value growth
As you pay your premiums, your Whole Life policy builds cash value that is guaranteed to grow—tax deferred—and can help meet a variety of financial goals like supplement retirement income, fund a child or grandchild’s education, pay off a mortgage, protect existing assets, and establish an emergency fund.
Income replacement
Imagine what would happen to your family if the income you provide suddenly disappeared. With whole life insurance, you can help make sure that your loved ones have the money they need to help pay the mortgage, afford childcare, health care, or other services, cover tuition or other college expenses, eliminate household debt, and preserve a family business.
Dividend potential
One of the benefits of purchasing whole life insurance is that you will be eligible to receive dividends. Although they are not guaranteed, when dividends are awarded, you can take them in cash, use them to offset your premiums, or use them to buy paid-up additional insurance that increases your coverage and cash value, use them to offset your premiums, or take them in cash.
Tax-Free benefit
Your beneficiaries will be able to enjoy every penny you leave them. That’s because the benefit of a life insurance policy is generally passed along federal income tax free.
Optional riders
There are several ways to tailor a whole life policy to meet your individual needs. For an additional cost, you can use riders to purchase additional protection without further underwriting, to pay your premiums if you become disabled, to use some of your face amount to pay for chronic illnesses, or to purchase coverage for your children. Your agent can help you decide if any of these riders are right for you.
Client testimonials
"Working with Johnson's Financial has been an absolute pleasure. They are very professional and thorough when helping you decide which plan is right for you and your family. I would highly encourage everyone to work with him to secure your life insurance needs."
Jonathan Johnson, MN
"They were very proficient in explaining the different policy options, and benefits. They were patient while obtaining the info needed to secure my policy and even followed up to make sure the policy documents were received by mail for my records. I would definitely refer Johnson's Financial to family and friends."
February Foote, MN
