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COVERED BY SANDERS
423-488-7025
coveredbysanders@gmail.com
GETTING THE RIGHT COVERAGE
WHEN LIFE MATTERS MOST
Understanding What Life Insurance Covers
TERM LIFE INSURANCE
Term life insurance provides coverage for a specific period—typically 10, 20, or 30 years. It’s designed to protect your family during the years they need it most, like while paying off a mortgage or raising children.
Key Benefits:
• Lower monthly cost
• High coverage amounts
• Ideal for income protection and debt coverage
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❤️ LIVING BENEFITS (CRITICAL / CHRONIC / TERMINAL)
Use Your Policy While You’re Still Alive
Many modern term policies include living benefits, allowing you to access a portion of your death benefit if you experience a qualifying health condition.
Covers:
• Critical illness (heart attack, stroke, cancer)
• Chronic illness (long-term care needs)
• Terminal illness
Why It Matters:
This gives you financial support when you need it most—not just after you pass away.
Simple Coverage for Final Costs and Peace of Mind
Permanent Protection with Guaranteed Benefits
🧾 FINAL EXPENSE (WHOLE LIFE)
Final expense insurance is a type of whole life policy designed to cover funeral costs, medical bills, and small debts.
Key Features:
• Lifetime coverage (never expires)
• Fixed monthly payments
• No medical exam options available
Best For:
• Seniors
• Those on fixed income
• Anyone wanting to leave no burden behind
🔒 WHOLE LIFE INSURANCE
Whole life insurance provides lifelong coverage with fixed premiums and a guaranteed payout. It also builds cash value over time.
Benefits:
• Never expires
• Builds savings (cash value)
• Locked-in rates
♿ DISABILITY / PARALYSIS PROTECTION
If you become disabled or suffer a condition like paralysis, your income can stop—but your bills don’t.
This coverage helps replace lost income so you can maintain your lifestyle.
Why It Matters:
Your ability to earn is your biggest asset.
📈 IUL (INDEXED UNIVERSAL LIFE)
Indexed Universal Life (IUL) combines life insurance protection with the ability to grow cash value based on market indexes—without direct market risk.
Benefits:
• Downside protection (no market loss)
• Tax-advantaged growth
• Flexible premiums
Best For:
• Long-term financial strategy
• Retirement supplementation
🔁 401(k) ROLLOVERS & RETIREMENT STRATEGIES
If you’ve changed jobs or retired, you may have old 401(k)s that can be rolled over into better-performing, more flexible options.
We Help With:
• 401(k) rollovers
• IRA strategies
• Safe retirement planning options
Why It Matters:
Most people don’t realize they have more control over their retirement than they think.
Protect Your Income If You Can't Work
Protection + Growth Potential
Take Control of Your Retirement
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