What we can DO for You
Retirement Protection
Life Insurance: Protecting your Family's Future
Life Insurance: Protecting your Family's Future
I start by learning about your goals and dreams, then compare them to your current situation. I use proven financial strategies designed to meet your risk tolerance and protect you against market volatility. We understand that everybody has a different financial picture, and different goals, so we never take a cookie-cutter approach. We w
I start by learning about your goals and dreams, then compare them to your current situation. I use proven financial strategies designed to meet your risk tolerance and protect you against market volatility. We understand that everybody has a different financial picture, and different goals, so we never take a cookie-cutter approach. We will take the time to fully understand your family's needs, budget, and concerns so that we can find the perfect fit for you.
Planning for retirement, whether that's five years away or 25 years down the road, is something each of us needs to consider. Making smart choices about how much money you save, and what retirement planning savings vehicles you use, can mean the difference between having the income you need in retirement to live the lifestyle you want, or struggling financially.
There is no one-size-fits-all solution when it comes to saving for retirement, but if you prefer a product that offers safety and guarantees, you may want to consider the retirement protection benefits offered by annuity products and indexed universal life (IUL) insurance policies. These solutions can offer protection of your principal, guaranteed interest crediting strategies and guarantees for income in retirement. At KarloFinancial, we understand insurance and retirement products. Rather than trying to offer you proprietary products, we work with more than 30 financial institutions / Insurance Companies to create custom retirement based policies and annuity contracts for our clients.
At Karlo Financial, we are fully committed to protecting your life's journey.
Life Insurance: Protecting your Family's Future
Life Insurance: Protecting your Family's Future
Life Insurance: Protecting your Family's Future
At Karlo Financial, we want to make sure you have all the information you need to confidently make the best decisions for your family. We partner with over 50 insurance carriers so we can provide you with a completely customized plan, providing the coverage you need. Whether you’re deciding between life insurance options, looking for mort
At Karlo Financial, we want to make sure you have all the information you need to confidently make the best decisions for your family. We partner with over 50 insurance carriers so we can provide you with a completely customized plan, providing the coverage you need. Whether you’re deciding between life insurance options, looking for mortgage protection, or considering final expense coverage, our agents are here to help you decide which insurance plan best fits your needs, and is well within your budget. Term life insurance is considered the most affordable type of life insurance. Coverage is set for a fixed period of time that you choose, anywhere from 10 to 40 years, depending on your age and health. Many term life plans can be purchased without the need for a physical exam. We offer several term life options so that the coverage you select best matches your needs.Term life insurance is considered the most affordable type of life insurance. Coverage is set for a fixed period of time that you choose, anywhere from 10 to 30 years, depending on your age and health. Many term life plans can be purchased without the need for a physical exam. Universal and Whole Life are permanent life insurance plans, many with flexible premiums and adjustable benefits. Cash value accumulation in these plans, can be used for children’s educations, supplement retirement income and be used for incidental expenses. Final expenses are costs that arise at the time of a person's death, including burial costs and medical expenses. Final Expense is a whole life insurance policy designed to pay off these expenses upon death and enables families to properly grieve their loved ones without the burden of large debts or unplanned costs.
Debt Free Life ®
Life Insurance: Protecting your Family's Future
Debt Free Life ®
Debt Free Life ® is a modern way to pay off your debt using the cash value of a specialized participating whole life insurance policy. Using our exclusive software, your certified Debt Free Life ® consultant will generate a personalized debt elimination report showing you how and when to pay off each debt and the projected amount of inter
Debt Free Life ® is a modern way to pay off your debt using the cash value of a specialized participating whole life insurance policy. Using our exclusive software, your certified Debt Free Life ® consultant will generate a personalized debt elimination report showing you how and when to pay off each debt and the projected amount of interest you’ll save, all without spending any additional money each month. The main advantage of Debt Free Life is putting you back in control of your finances by eliminating debt. You will also reduce the interest paid to lenders while accruing funds in the cash value component of a whole life insurance policy. By redirecting your current inefficient dollars into your policy and gaining guaranteed interest and dividends,* you become your own bank and pay off debts with no additional out-of-pocket expenses. Premiums for whole life insurance, like other types of life insurance, depend on your age and health at the time you apply. Debt Free Life allows you to accomplish your financial goals, eliminate debt, and decrease the amount of interest due without spending any additional money than you are currently spending. Once your debts are paid off, you can redirect funds to build wealth for your future. The question is not can you afford this program, rather, can you afford to delay getting started?
*Dividends are not guaranteed but have strong historical data going back 100 years.
Additional Services
Disability Insurance
Disability income insurance is a type of insurance product designed to help replace a major portion of your income if you were unable to work because of an illness or injury. For this reason, many people think of it as “paycheck protection.” Along with life insurance, disability insurance can offer the protection you need to ensure your family doesn’t lose their home or other valuable assets if the unthinkable happens.
Critical Illness and Long Term Care
Critical illness insurance is a policy that will pay out a benefit as a lump sum if you are diagnosed with a critical illness or condition specified in the policy. This can relieve or lessen the financial strain that can come with critical illnesses, so you can focus on getting better. Long Term Care is a policy to help with costs associated with Nursing homes, assisted Living or home health care needs.
College Savings with Smart Start
The SmartStart plan is a way to help you set aside funds to protect your child's future while protecting their insurability, regardless of what happens later in life. The SmartStart life insurance policy provides insurance coverage for your child, coupled with a cash value savings component. SmartStart goes beyond education expenses: in addition to using funds to help pay for the cost of college, available cash value can be used at any point in your child's life. If they want to use funds for a down payment on a home, they can do so! When it's time for them to retire, if the policy is still in force, they can even create a retirement income stream from their SmartStart policy.
Infinite Banking Concept
The infinite banking concept (IBC) is a system whereby one becomes their own banker by growing their cash value inside a properly designed whole life insurance policy while borrowing against it to fund major expenditures, emergencies and outside investment opportunities. This concept was made popular by R. Nelson Nash.
Mortgage Protection
Mortgage Protection insurance is a policy that will pay out a lump sum benefit to pay off the loan or help pay mortgage payments due to a death of one of the homeowners. Most policies also have living benefits that pay if a homeowner can't work due to a critical illness, critical injury or a chronic illness.
Medicare Supplement
Medicare Supplement Insurance is often referred to as “MediGap Insurance,” because it fills in the gaps in coverage that beneficiaries of the “original Medicare” (Part A & Part B) are left with. “Original Medicare” covers a lot of health care costs for beneficiaries who are 65 or older (or younger with certain disabilities), but it does not cover everything. Medicare Supplement Insurance helps cover coinsurance, copays, and deductibles and other out of pocket medical expenses.