FEGlI, SEGLI and insurance for employers Cheaper is not always better

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Are FEGLI, SGLI, and Employer Insurance Cheaper and Better? It is not uncommon for federal employees, military personnel, and private company employees to maximize the amount of insurance protection provided by their employer. They reason that it is cheaper and they have protection for their family. But cheaper does not always equal better or more profitable. Did you know that a 35-year-old who makes $ 100,000 a year and selects FEGLI for five times his salary will pay more than $ 146,000 when he turns 64? Did you know that when you retire, your cost will increase while your protection decreases? Also, the cost of military personnel is much lower; however, upon retirement, they too will incur a tremendous cost increase to continue similar protection. Finally, did you know that the company that FEGLI manages is the largest insurance company in the world, yet it pays less than .00005 in death benefits per year? The truth is that most employer-provided life insurance benefits the insurance company and not the insured. TRUTH – MOST EMPLOYEES DO NOT DIE AT WORK !!!! There is a better option for you and your family. For more information, join the Wealth Webinar every Tuesday at 7:00 pm Register in advance for this meeting:

https://us06web.zoom.us/meeting/register/tJcsd-qoqDgsGNScqsBT13JbdnP5LFqOQpHF

After registering, you will receive a confirmation email with information on how to join the meeting. Schedule an appointment today at www.pryorfinancial.com.

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Viralrook: FEGlI, SEGLI and insurance for employers Cheaper is not always better
FEGlI, SEGLI and insurance for employers Cheaper is not always better
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Viralrook
https://www.viralrook.com/2021/09/fegli-segli-and-insurance-for-employers.html
https://www.viralrook.com/
https://www.viralrook.com/
https://www.viralrook.com/2021/09/fegli-segli-and-insurance-for-employers.html
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