What We Offer – Nolen Financial Group

Why Nolen Financial Group ?

HELPING HEALTHCARE PROFESSIONALS
SECURE THEIR FUTURES

You’re Dedicated To Your Patients. We’re Dedicated To Your Financial Future.

THREE BASIC TYPES OF LIFE INSURANCE

TERM LIFE

Provides guaranteed coverage for a specific period of time or until a certain age, as long as you pay the premiums. You can usually renew a term life policy when it expires, although premiums will likely go up. It provides a death benefit if you pass away during the time period you have the policy, but you do not build a cash value.

INDEXED UNIVERSAL LIFE (IUL")

Indexed universal life, or IUL, is a type of life insurance policy that provides both a death benefit, living benefits, and cash value. The funds that are within the policy’s cash value differ from those in a whole life insurance policy, or even from a regular universal life insurance policy because the return with an IUL policy is tracked based on the performance of an underlying market index. One of the more popular index options is the S&P 500.

WHOLE LIFE

Remains in effect throughout your lifetime as long as you pay the premiums. Also known as “permanent” insurance. You can choose to save for the future on a tax-deferred basis. This is known as “cash value.” The premiums stay the same over the life of the policy. When you pass away, it pays your beneficiaries the death benefit, minus any outstanding loans.

HOW AN INDEXED UNIVERSAL LIFE INSURANCE POLICY CAN HELP YOU ACCOMPLISH MULTIPLE GOALS:

When applying for federal financial aid, cash value in a life
insurance policy is not considered an asset and will not
count against you – unlike a savings account.

The cash value in a permanent life insurance policy
accumulates tax-deferred, allowing you to save more.

There are no restrictions on the use of the cash value. If the
policy is sufficiently funded, the cash value can help with
multiple goals. If plans change, it can be used as a source
of retirement income or any other need.

Many types of life insurance protect you from market
volatility.

You can access the death benefit early should you
experience a qualifying illness or injury. This is
accomplished using accelerated benefits riders.

Should you pass away, the death benefit can complete your
college saving plans.

Financial Wellness

An Experienced Case Analyst and Case Advisor Working Personally With You throughout The Process

Personalized Options to Fit Your Exact Financial Needs.

Custom Plans Tailored For You.

We focus on providing the information you need, using plain language and hands-on “know how” that protects your financial journey.

HELPING HEALTHCARE PROFESSIONALS SECURE THEIR FUTURES

You’re dedicated to your patients. We’re dedicated to your financial future. We can help you plan for the moments that matter most in life.