Life Insurance & Annuities

“Your safety net for an unplanned event”

At Bregman Financial & Insurance Services we offer a variety of insurance and financial services to ensure our clients are protected through life’s surprises. We understand that individuals have different needs depending on their current life circumstances and offer insurance plans to accommodate those specific needs.

Life Insurance

Many people think that life insurance is only for people with families. While it is true that life insurance can help provide for the needs of dependents, life insurance also can be an important part of a well-thought-out estate, business succession or charitable giving plan. And permanent life insurance offers many living benefits as well, such as tax-deferred cash value accumulation. For all of these reasons, life insurance can be important for someone starting out – or for someone who’s starting over.

Whole Life

Whole life insurance ensures protection throughout an individual’s entire life. Whole life policies accumulate tax-deferred cash value, meaning individuals may borrow against a whole life insurance policy from the insurer.

Term Life

Term life insurance policies are paid out similar to whole life insurance policies, but are limited to a certain amount of time, individuals may purchase term life coverage for 5, 10, or 20 years. Unlike whole life policies, term life policies do not accumulate cash value, and once the policy expires coverage discontinues.

Universal Life

Universal life insurance policies are permanent policies that do not accumulate cash value over time. Unlike whole life insurance policies, universal life policies allow individuals to adjust coverage throughout time.

Variable Universal Life

Variable universal life insurance policies allow individuals to adjust coverage throughout time, while providing options for investment.

Survivorship Life

Survivorship life insurance policies provide coverage for two individuals. Individuals can choose between whole, universal, or variable universal coverage, and payment is dispersed when the second surviving individual passes on.

Annuities

In addition to our varied insurance coverage we offer annuity plans for our clients interested in generating a steady income stream, either through retirement or lump-sum disbursements.

Fixed Interest Deferred Annuities

Fixed interest deferred annuities are annuity plans that ensure the interest rate of your policy stays above a designated amount.

Lifetime Income Annuities

Lifetime income annuities are most often funded by a lump-sum to be disbursed evenly throughout the remainder of an individual’s life. Lifetime income annuities provide a guaranteed payment, and therefore financial confidence* to individuals.

*All annuity guarantees are based on the claims paying ability of the issuing insurance company

Variable Deferred Annuities

Variable deferred annuities offer investment opportunities for individuals to receive payment on in retirement. The payment of the variable deferred annuity is based on the performance of the investments through the course of the annuity, and carry more risks than other annuity plans.