Protecting Your Family's Future
with Our Life Insurance Solutions
At Protect What You Built (PWYB), we understand that your family’s well-being is your top priority. Our comprehensive life insurance solutions are designed to provide financial security and peace of mind, ensuring your loved ones are protected no matter what life brings.
Why Choose Life Insurance?
Protect Your Family's Lifestyle
Ensure your family can maintain their quality of life, even if you’re no longer there to provide.
Cover Outstanding Debts
Prevent your family from inheriting financial burdens like mortgages or loans.
Fund Future Goals
Secure your children’s education or support your spouse’s retirement plans.
Leave a Lasting Legacy
Create a financial foundation for generations to come.
Our Life Insurance Options
We offer a range of life insurance products to meet your unique needs
Term Life Insurance
- Affordable coverage for a specific period
- Ideal for young families or those with temporary financial obligations
Whole Life Insurance
- Lifetime coverage with a cash value component
- Provides stable premiums and potential for dividends
Indexed Universal Life (IUL)
- Flexible premiums and death benefits
- Potential for cash value growth tied to market index performance
Variable Life Insurance
- Combines life insurance with investment options
- Opportunity for higher returns with increased risk tolerance
Final Expense Insurance
- Covers end-of-life expenses
- Ensures your family isn’t burdened with funeral costs and related expenses
The PWYB Approach
At PWYB, we don’t just sell policies – we create personalized protection strategies:
- Comprehensive Needs Analysis: We assess your current financial situation, future goals, and potential risks to determine the right coverage for you.
- Education-First: Our experts will explain complex concepts in clear terms, empowering you to make informed decisions about your coverage.
- Customized Solutions: We tailor our recommendations to your unique circumstances, ensuring you have the right type and amount of coverage.
- Regular Reviews: As your life changes, so do your insurance needs. We’ll work with you to adjust your coverage as necessary.
- Integrated Financial Planning: We consider how your life insurance fits into your overall financial strategy, including retirement planning and wealth management.
Common Life Insurance Questions
The amount of life insurance you need depends on your unique financial situation and goals. As a general rule, many financial experts recommend having coverage that’s 10-15 times your annual income. However, at PWYB, we believe in a more personalized approach.
We consider factors such as:
- Your current income and future earning potential
- Outstanding debts (mortgage, loans, credit cards)
- Future financial obligations (children’s education, spouse’s retirement)
- Existing savings and investments
- Your family’s lifestyle and long-term goals
Our advisors will work with you to conduct a comprehensive needs analysis, ensuring you have adequate coverage to protect your family’s financial future without overpaying for unnecessary coverage.
While employer-provided life insurance is a valuable benefit, it often falls short of providing comprehensive coverage for several reasons:
- Limited coverage: Most employer plans offer 1-2 times your annual salary, which is typically insufficient for long-term family protection.
- Lack of portability: If you change jobs, you usually can’t take the coverage with you.
- No customization: Employer plans don’t account for your specific needs or circumstances.
- Taxability: In some cases, employer-provided life insurance over $50,000 may be taxable.
At PWYB, we recommend viewing employer-provided life insurance as a supplement to a personalized policy. Our advisors can help you determine how to best integrate your work benefits with additional coverage to create a comprehensive protection strategy.
While it may seem premature, there are several compelling reasons to consider life insurance early in life:
- Lower premiums: Generally, the younger and healthier you are, the lower your premiums will be.
- Lock in insurability: Securing a policy now protects you against future health issues that could make coverage more expensive or difficult to obtain.
- Financial protection for loved ones: If you have dependents or debts, life insurance ensures these obligations are covered if something unexpected happens.
- Cash value growth: Certain types of permanent life insurance policies can accumulate cash value over time, providing a financial resource you can tap into later in life.
- Peace of mind: Knowing you’ve taken steps to protect your loved ones’ financial future can provide invaluable peace of mind.
At PWYB, we believe in proactive financial planning. Our advisors can help you understand how life insurance fits into your long-term financial strategy, even at a young age, and how it can provide a foundation for building lasting wealth and security.
