Category: National Life Group Reviews

Life insurance is an important part of securing a stable future for those that we leave behind when we pass. While life insurance is a relatively simple concept that essentially represents a promise between an insurance company and policy owner, there are many that may not know the inherent importance of maintaining quality life insurance. In this article, National Life Group reviews some of the most common reasons that individuals choose to purchase life insurance.

Protect Family and Loved Ones

National Life group reviews many reasons why individuals may see it fit to purchase life insurance and consistently finds that the desire to protect family and loved ones is among the top of the list. Many of us have loved ones that depend on us for financial support that would find it difficult to maintain their quality of life if we were to pass. For example, parents may find it difficult to keep up with bills and other responsibilities if they suddenly had to depend solely upon a singular income. Ensuring that you are covered by quality life insurance helps your loved ones and family focus on healing while knowing that needs can still be covered.

Living Benefits

National Life Group is one of the only life insurance providers in the United States that enables customers to utilize their benefit during a time of terminal, chronic or critical illness or injury.  As the world faces a global pandemic with COVID-19, our customers should feel at ease knowing the company that they know, and trust, can provide vital support to them in their time of need.

Provide Peace of Mind

Now perhaps more than ever, we are reminded of the impermanence of life. We never know if our time will be today, tomorrow, or many years out in the future. Life insurance works to add some certainty to this otherwise uncertain equation by providing you and your family peace of mind in knowing that they will be protected. It is fully natural to have worries about death, but it is also constructive your family’s financial future is properly handled when that time comes.

Pay Expenses

Even the most basic funeral services can run a family thousands of dollars. Financial burdens can cause undue stress on an already grieving family and it is a great idea to have life insurance to ensure that your beneficiaries are not left scrambling to pay. When National Life Group reviews other sources of financial stress on grieving families, they find that there are things that the average individual may not even think of. For example, if you and your spouse have cosigned for loans, your spouse may become fully responsible for their repayment. Life insurance can ensure that your debts are paid and that the rest of the money can be used for necessities. We all worry about unfinished business and life insurance helps make sure that this unfinished business doesn’t negatively impact the people we love.

Ask anyone a decade or two into their working careers and they’ll tell you that time moves rather fast. Those in retirement will echo them, saying that the years they spent working flew by and now it’s time to enjoy the fruits of their labor. The problem is that people who did not take proactive financial steps in their 30s and 40s are going to have a tough go at things in their late 60s, 70s and beyond. This is one of the points that come across when reading National Life Group reviews and it isn’t there to scare you. Rather, those who are considering consulting with an insurance agency for advice on various financial products are taking a step in the right direction. If you’ve come to this website to learn more about National Life Group reviews as well as investment products that are designed for workers at all stages of their lives, a plethora of information awaits.

In your 30s: According to recent statistics from Bloomberg, the average age of first-time homebuyers has hit a new high of 33. This can be attributed to the time it takes to accumulate enough liquid cash to make a substantial down payment on a house. Moreover, “tight lending standards can make getting a bank loan difficult for borrowers with less-than-stellar credit scores.” If you don’t want to deal with a bank as you approach retirement, it’s time to start paying yourself first. To do this during an age when money might be a bit tight, National Life Group reviews will point people toward a Roth IRA as a way to accumulate savings to be used after turning 60.

Crisis-free Mid-Life: Investments aren’t a topic that those in their mid to late-20s discuss all that often. On the other hand, workers in their 40s and 50s will have likely diversified their portfolios into investment products. Mutual funds, for example, are mentioned in many National Life Group reviews and for good reason – they benefit so many people who are involved in contributing. Purchasing a share of the fund is easy when you consult with an insurance agency, which will also brief you on how buying and sharing funds works and if stock or equity funds will better suit your needs as an individual investor.

The Golden Years: All those contributions to a retirement fund that you established decades ago is really going to pay off (literally) upon retirement. Putting away $25 per week, every week, for 15 years could add up to more than $5,000. At $150 per week for the same time frame, one can expect to accumulate some $34,000. While we know that this isn’t enough to retire on, smart spending of your income while working will add to the nest egg. To learn more about the variety of investment products, be sure to follow along with National Life Group reviews for future information.

At the onset of our full-time working years, a regular paycheck may seem like a fortune. These earnings can cover our housing costs, food and drink, clothing, entertainment and a variety of other day-to-day expenses. In reality, the humble paycheck is just one step you can take in the right direction — and reading National Life Group reviews is the next. To add to your savings and nest egg, workers of the world should consider the wide array of life insurance, investment and annuity products available to them should they chose to partner with the right provider. These options are perfect for individuals who are looking to launch a “rainy day” fund as well as heads of household who know that putting a small amount of money away now will make life easier for all involved in the future. Below are some tips that will help ease financial burden and shed light on financial topics that aren’t as confusing as many make them out to be.

For the future: The roller coaster ride that the stock market took American investors on during March 2020 will make it into the history books. Unfortunately, this will not be a positive foot note and comparisons to the Great Depression were easy to find. As such, many of these investors began reading National Life Group reviews and thinking that Fixed Index Annuities (FIAs) might be the safer bet. Many people contact an insurance company looking to learn more about FIAs and to determine if this is the right retirement plan for them. It should certainly be part of that portfolio, but not the entire plan. An FIA will be protected during down markets and deliver returns that are based off certain indexes.

For the family: Survivor benefits aren’t a pleasant topic, but having that conversation with an insurance agency will be beneficial for your family at some point. For those who’ve considered National Life Group reviews and want to learn more about universal life insurance, it’s never too soon to pick this plan up. After speaking with an agency and going through the underwriting approval process, it will be possible to arrive at a policy that’s going to offer a fixed interest rate while also possibly providing interest credits. In return for being a policyholder, you’ll have a flexible death benefit and premium as well as policy cash values that will never dip below the guaranteed minimum interest rate.

For yourself: If retirement from the workforce is the ultimate goal, having the cash on hand to make it enjoyable is the essential prerequisite. Having an Individual Retirement Account (IRA) during your working years allows you to save for yourself through earnings at work. Directing funds from your paychecks to an IRA is easy with the help of an insurance agency and the tax-deferred status is much-appreciated by those who’ve passed the 59-and-a-half age mark when distributions are allowed. It becomes apparent to those who’ve read National Life Group reviews that the humble IRA is one of those key financial products for the future that can minimize risk.

For too many people, the bi-weekly paycheck is the sole source of income, savings and day-to-day spending money. While it’s certainly the earner’s right to use their money as they see fit, there are so many ways to invest these funds that it would be incredibly foolish not to take advantage of them. At the same time, finding life insurance, retirement and living benefits plans that help cover unexpected costs are equally important. For those researching National Life Group reviews and wondering if this is the firm you’d like to work with, you’ve come to the right place. The hard work that the employees and leadership of this company have put forth over the past 170 years has helped produce some inspiring success stories. At the same time, these stories should serve as inspiration for those who’ve been considering picking up a plan that is custom-tailored to business owners, families and adults of all ages.

Milestones and major decisions: The objectives that so many of us hope to one day accomplish – getting married, buying a house, starting a family – start coming in rapid-fire succession by our mid-20s to early 30s. We know that those reading National Life Group reviews are weighing these objectives with personal finances. “Paying yourself” is a crucial concept for those who are just starting out and have no choice but to cover rent, bills, car payments and more. Those who pick up a smart savings and/or life insurance plan will be able to cover the cost of future expenses with much more ease. Chalk it up to smart decisions now with a payoff in the future.

The self-starter: If you own a business, a well-deserved “good job” is in order. The leap-of-faith measures required to get your company up and running are no small feat. That’s why entrepreneurs who are reading National Life Group reviews want the very latest on retirement plans, Simplified Employee Pension options and protecting your operation against loss. Knowing how much you can contribute to a retirement plan as a self-employed individual – and knowing your net profits on your 1040-Schedule C tax form – can provide peace of mind. Small businesses are the backbone of our economy; those who are running them deserve plans that keep financial concerns in check.

These are just two groups that National Life Group helps; reviews show that the company has earned the trust of untold members over the past 100-plus years. Be sure to visit this website regularly for additional information on life insurance and investment plans that can provide for a solid future.

National Life Group reviews show that many of their customers come to them in need of a retirement plan. The number one problem people make when it comes to retirement plans is starting to consider retirement too late in life. The longer a person waits, the more they will need to put away monthly to ensure a comfortable life in retirement. National Life Group reviews show that company understands how many people would categorize themselves as worried – or very worried – when it comes to living a comfortable life in retirement. The experts at National Life Group are looking to offer peace of mind.

The good news for families everywhere is that National Life Group reviews each individual and each family to ensure that their retirement needs are met. Unlike some competitors, National Life Group reviews show that the company is committed to simplifying things so that all parties involved fully understand where their money is going and how it will grow overtime. The first step to this is understanding the different types of retirement plans offered by employers in the United States. The first is a 403(b). The 403(b) is the savings plan that many teachers and workers at non-profits will find themselves invested in. Most 403(b) plans have the taxes deferred, which means no tax is paid on the money as it grows, but the money will be taxed when it is taken out of the plan. On the flipside, National Life Group reviews show that they often steer people towards the Roth 403(b) plan. In the Roth plan, taxes are paid on the money upfront, but no tax is paid on money as it grows over the years. The Roth version is usually better for younger contributors.

National Life Group reviews show that those who work in the government space will often contribute to a 457(b) plan. Many government jobs will offer both a 403(b) plan and a 457(b) plan. National Life Group works with their clients to help them contribute the maximum amount allowed to both plans, which will set them up perfectly when the time for retirement comes.

One of the best parts of National Life Group reviews is realizing how little needs to be added to retirement plans monthly to make a huge impact. For instance, the National Life Group team put out an infographic which showed for the average cost of a pizza a month, a family could fund an entire vacation in retirement. The graphic was based on 15 years at a 3% interest rate. This rate showed that every $150 contributed monthly per year could take care of a year of living expenses for a person in their retirement. National Life Group reviews show that when you are ready to learn more about retirement, their experts are available to help.

National Life Group reviews show a company that is committed to the betterment of the lives of their employees and their customers. With a company motto of “Do good. Be good. Make good,” there really wasn’t a question of how they were going to spend their advertising dollars during the Super Bowl. Instead of investing in a lavish Super Bowl commercial, which would have cost millions of dollars for 30 seconds of airtime, National Life Group reviews show that the company decided to utilize their funds to sponsor a Super Bowl Party at the Miami Homeless Agency. National Life Group reviews show that the decision to host the party came easily. While the spotlight was on the players, the needs of those in need in Miami was left in the shadows.

With thousands upon thousands of tourists and media descending on the area, National Life Group reviews show the company invited those in need to the Lotus House homeless shelter for women and children on Super Bowl Saturday and Sunday. Breakfast, lunch and dinner was provided to all who visited by the National Life Group team. Super Bowl weekend is a celebration of food all over the United States. People around the country gather around snacks and family and friends to watch the big game. The emphasis on food made the decision to host meals for those in need at the host city of the big game perfect for Mehran Assadi, the Chairman, CEO and President of National Life Group. Assadi explained saying, “Considering that there’s a lot of celebratory eating going on in Miami Super Bowl weekend, it made sense to us to do our part.”

National Life Group reviews show estimates of just under 2,000 meals being served at the Lotus House during the weekend. During the big game, all children and women were treated to a special menu and party. Fortunately, it was an exciting game, so all guests were able to enjoy a good game and a great meal.

The values of Lotus House are like the values one can read about in National Life Group reviews. Lotus House looks to help mothers and children in need by providing rent free shelter for up to a year. They also work to empower their guests to help them find education, jobs and affordable housing that will improve their lives. A lot of the women who bring their children to Lotus House are homeless due to domestic violence. These families need help and deserve any special accommodations they can receive.

It’s the goal of National Life Group to deliver peace of mind to their customers. Their commitment to serving the communities they work in has led to success since 1848. National Life Group will always look to embody their motto and give back to the communities they serve.