The value of financial literacy when choosing life insurance

Stephanie Stang • Apr 08, 2022

Considering permanent cash value life insurance with Marc Sigmon Insurance Agency

In an effort to bring more awareness to the need for more financial education in schools and for adults, April is Financial Literacy Month. 

 

During the pandemic, Americans saved more money and were spending less time on recreational activities.  According to the Washington Post, a recent study showed household savings actually increased over the last two years.  On average families have $1,300 more in their bank accounts than before the pandemic.

 

Now is an excellent time to examine better ways to save our hard-earned money and look for better ways to invest.

 

Consider the cash value life insurance option at Marc Sigmon Insurance Agency

 

Cash value life insurance is a type of life insurance that can be a valuable tool for building financial security over the long term. The cash value can be used as a source of funds in case of an emergency, or it can be withdrawn to help pay for major expenses such as education or retirement.  It can help you build wealth over the long term in a different way rather than simply saving it an account.

 

Let Marc Sigmon Insurance Agency help you consider the features and benefits of cash value life insurance as well as the costs and risks involved.

Make an appointment today to discuss the advantages of permanent cash value life insurance with Marc Sigmon Insurance Agency.

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Marc Sigmon, far right, visits the legislative office of Congressman Mike Levin (CA-49) with, from left, Mike Wilbanks, a NY Life agent; Alison Feinswog, Levin's legislative assistant; and Lauren Crumbaker, another NY Life agent. (courtesy Village News) Marc Sigmon, agent/CEO of Marc Sigmon Insurance Agency, spent three days in Washington, D.C., as part of the National Association of Insurance and Financial Advisors Congressional Conference. The congressional conference, held May 23-24, was to build or establish relationships with local advisors and agents within each district to address critical issues now and into the future.
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