Jon
Parker
Insurance Agency
719 Sawdust Road, #100
The Woodlands, TX 77380
(281) 364-9966 - phone
(800) 482-9650 - toll free
(281) 364-0970 - fax
Servicing
the following
cities:
Alvin,
Angleton, Baytown, Clear Lake, Cleveland, Conroe, Crosby, Cypress, Dayton,
Deer Park, Friendswood, Houston, First Colony, Freeport, Galveston, Humble,
Huntsville, Katy, Kingwood, Lake Jackson, La Porte, League City, Liberty,
Magnolia, Missouri City, Montgomery, Nassau Bay, Pasadena, Pearland, Richmond,
Rosenberg, Seabrook, Spring, Stafford, Sugar Land, The Woodlands, Tomball,
Webster, West University
Servicing the following
counties:
Brazoria, Fort Bend,
Galveston, Grimes, Harris, Liberty, Montgomery,
San Jacinto, Walker
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Life
Insurance - What kind of life insurance?
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There are two basic types
of life insurance: term and permanent. Each should
be considered carefully to determine which best fits your individual
needs.
Advantages of Term
-
Lower
cost protection in early years
-
Customized
for coverage to last for a specific number of years
-
The
option to exchange the policy for permanent coverage without
having to show evidence of good health
Advantages of Permanent
- Lower cost
in later years
- Permanent
protection
- Level premiums
- Accumulation
of cash for emergencies, college education, retirement supplement
- Tax-deferred
wealth accumulation
- Tax-free
income distribution
- Flexibility
- Coverage
without paying premiums by using various options
Disadvantages of Term
Disadvantages of Permanent
- Higher
initial cost
- Future
dividends and current interest rates not guaranteed
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Notes: Proceeds from an insurance policy paid because of the death
of the insured are generally excludable from the beneficiary's gross
income for tax purposes. (IRC Sec. 101(a)(1).) Income and growth on
accumulated cash values have been held by the Tax Court to be generally
taxable only upon withdrawal. (IRC Sec. 72.). Consult your tax adivsor
or attorney on your specific situation. |
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American National
Insurance Company, Galveston, TX
These brief
descriptions of coverages available are for illustrative purposes
only, and are not intended as a statement of contract. For actual
terms and conditions of coverage provided, refer to your insurance
policy, or, for more information about coverage options and availability,
talk to your American National agent. All products, coverages, and
options are not available in all states, and eligibility guidelines
apply. American National Family of Companies reserves the right
to discontinue programs at any time.
This site may
have links to other sites, which are not maintained by American
National Insurance Company, it's subsidiaries or affiliates. Such
links do not imply endorsement or approval of these sites or the
content therein by American National, its subsidiaries or affiliates.
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Welcome! Today is
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Life Insurance
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