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Understanding life insurance with Dylan Bond

Updated: Wednesday, 19 Sep 2012, 4:29 PM EDT
Published : Wednesday, 19 Sep 2012, 4:29 PM EDT

Seth Stutman

LONGMEADOW, Mass. (Mass Appeal) - We all know the term 'life insurance,' but what does it really mean? Dylan Bond owner of Bond Financial Services gave us a lesson in life insurance.

Types of life insurance

Term
Universal Life
Indexed Universal Life
Variable Universal Life
Whole Life

Living Benefits

Critical Illness - Heart attack, stroke, Cancer, ALS
Chronic Illness - Long term care issues usually triggered by losing two of 6 activities of daily living.
Terminal Illness - less than two years to live
Guaranteed lifetime income benefits
Life insurance can have great tax benefits to people that earn over 180k and can't contribute to a ROTH IRA.

Bond Financial Services
171 Dwight Rd, Longmeadow, MA 01106
info@bondfinancialservices.com
(413) 754-4747

For more information, click here .