WICKHEM LIFE INSURANCE
A WIDE RANGE OF LIFE INSURANCE PRODUCTS
PEACE OF MIND
Since 1985, the John Wickhem Agency has provided a wide range of life insurance products to our clients throughout southern Wisconsin. By learning their needs and priorities, we’ve been able to provide our clients with peace of mind knowing their loved ones will be taken care of should the worst occur.
As a Trusted Choice Independent Insurance Agent, we are free to work with our own carefully selected group of financially sound, reputable life insurance companies to find the right products at the best price point for your needs.
HOW DO I KNOW IF I NEED LIFE INSURANCE?
The short (and not very helpful) answer to that question is…it depends. The best type of any insurance is that which most cost-effectively helps you to meet your goals and needs. That’s why here at the John Wickhem Agency we first take the time to learn about you and your insurance needs, then analyze everything from a risk management perspective. Once we understand your risks, we can help design more cost-effective ways to help you manage those risks with life insurance.
The most obvious reason to have life insurance is because someone else – or several someone’s – are dependent on you. That’s not to say single people have no need for life insurance. Nor does that mean “empty nesters” or elderly people can’t benefit from having a well-designed life insurance policy.
Regardless of your age or relationship status, a few of the most common reasons you should consider buying life insurance include the need to:
Provide income | If you or your life partner contributes significantly – or equally – to maintaining your lifestyle, the loss of that income can have major repercussions on your living conditions
Pay off a mortgage or other debt | Making sure you provide a place for dependents to live is often a top priority
Cover a dependent’s expenses | For example, this can be to help pay for college, or provide for a special-needs dependent
Pay for funeral expenses | The most common reason for insurance, final expenses can add up to a large burden
Another key consideration is if you own a business, especially in partnership with someone else. It is common practice (and just common sense) for each business partner to take out an insurance policy on the other partner. The proceeds of each policy will help to buy out the other partner’s share of the business in the event of their untimely demise. This is a good way to assure the business remains a going concern and provides the deceased partner’s family a distributable estate without having to sell the entire business.
TYPES OF LIFE INSURANCE
Broadly speaking, there are three types of life insurance, and the premiums for each depends primarily on the way the final amount of policy payout is determined:
Provides only insurance coverage
for a specific period of time
Provides both insurance
coverage for your entire life
and accumulates cash value
to the policyholder
UNIVERSAL WHOLE LIFE
Provides flexible premiums
and policy payout options, and
accumulates cash value to
PROTECTING THOSE YOU HOLD DEAR
Protecting your family in the event of the untimely death of a parent is one of life’s major responsibilities. At The John Wickhem Agency, we make it simple to put the right safeguards in place with comprehensive life insurance solutions.
WHAT SETS US APART
Life insurance can be complicated and confusing. When you work with one of the professionals at the John Wickhem Agency, you can expect to be treated with respect. Our experienced team will work with you to devise the best life insurance plan for you and your family. We offer a variety of term and whole life insurance policies that make sure protecting those you hold dear is as straightforward and affordable as possible.
We provide full and fair disclosure of all rates, fees, and contract terms, and we make sure you understand all of your options.