(469) 742-0283 -- https://www.mckinneytax.com/insservic... This video shows some of the possible benefits of a permanent life insurance policy as part of your financial and estate planning. John Harman CPA PLLC and Harman Rogowski & Associates are licensed in the State of Texas to serve as agents to help you get quotes on a policy should it be in your (and your loved ones') best interest.


Our office is located at:
1402 S. Custer Road
Suite 102
McKinney, TX 75072
Phone: (469) 742-0283
(convenient to McKinney, Allen, Frisco, Plano, Prosper and other North Dallas communities)

*** Firm is now known as Harman Crowell Dias CPAs PLLC. Same staff and address location and website and phone number -- just a firm name change after promoting new partners. Here are the links:
https://texas-biz.com/co/harman-crowe...
https://www.mckinneychamber.com/list/...


0:00 Planning for retirement
0:26 Potential lifetime challenges to your financial planning
0:43 Need for savings to last longer due to longer lifespans
1:25 Risks about running out of money too soon
1:45 Using life insurance as a second source of income
1:56 About permanent life insurance





Here is more information on the topic:


Term vs. Permanent Life Insurance

There are two main types of life insurance on the market today-term and permanent life insurance. Term covereage is on eof the most recognizable types of insurance. It provides short-term coverage at an affordable price. It also gives flexibility of varying policy lengths and provides a death benefit if the insured dies during the coverage period. Although there is definitely a need for term life insurance, increases in life expectancy provide a good chance you could outlive your term policy.

Permanent life insurance has many benefits, including a death benefit for when the insured dies, but does tend to be more expense. Depending on your financial goals, it may be a better option.
The benefits of permanent life insurance

Permanent life insurance offers death-benefit protection for the entire life of the insured, no matter when he or she dies, as long as the policy is in effect.
Permanent life insurance offers opportunities for cash value accumulation, which may be utilized for personal or business needs while the insured is living.

Permanent life insurance may be a good fit for you if you are

Concerned about family's financial needs if death occurs during working years
Concerned about outliving term insurance coverage
Looking to enhance financial protection in retirement years