Give the Gift of Life Insurance

Give the Gift of Life Insurance

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Celebrate Life's Big Moments with a Thoughtful Gift

When you gift a permanent life insurance policy to a loved one for their birthday, graduation, or wedding, you’re letting them know how important that celebration is. Permanent life insurance that accumulates cash value is more than just coverage – it’s recognizing this could be the beginning of your loved one’s path to purchasing a home, starting a business, and many other great new opportunities.

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Why Life Insurance is the Perfect Gift for Big Celebratory Moments

Big, celebratory moments in life — like birthdays, graduations, and weddings — are a great time to show care for your loved ones with gifts that can make a lasting impression. The gift of a permanent life insurance policy can provide a firm financial footing for the recipient during their lifetime and protection for their beneficiaries in the future. Also, the younger the recipient is at the time you gift the policy, the lower your rates will be.

Birth of a Child

You just received a call from the hospital that your first grandchild is on the way. Funding a permanent life insurance policy in your daughter’s name can help provide financial security for your grandchild and daughter.

Graduation

An invitation came in the mail yesterday for your niece’s graduation party. Funding a permanent life insurance policy in her name can help provide a solid financial foundation for her future as a biochemist.

Wedding

Your son is putting the final touches on his destination wedding plans. Funding a permanent life insurance policy in his name can help protect his family in the future if something were to happen to him and can also help support the newlyweds’ long-term financial goals.

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The Benefits of Gifting Life Insurance

Let’s talk about your options for gifting life insurance and the ways it can benefit your loved ones in the long run:

• Lifetime death benefit protection that’s payable to their beneficiaries income-tax-free.
• The potential for cash value accumulation, which they can access income-tax-free during their lifetime for any reason, such as:
  • Funding an education
  • Buying a new home
  • Paying for a wedding
  • Starting a new business.

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How a Policy Can Be Funded

You can choose to fund the policy:

• As a lump sum to fund several years of policy premiums, or
• As an annual contribution to cover the cost of one year, or the first year and subsequent premiums.

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Schedule a Phone Appointment

To discuss the best gift options for your loved ones, schedule an appointment easily through our website.

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Disclosure and Compliance Code

Insurance products issued by Principal National Life Insurance Company (except in NY), Principal Life Insurance Company^®, and the companies available through the Preferred Product Network, Inc. Securities and advisory products offered through Principal Securities, Inc., Member SIPC. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392. Jose Rodriguez Principal National and Principal Life Financial Representative, Principal Securities Registered Representative, and a member of the Principal^® Financial Network.

We are insurance and securities licensed in our resident state of FL, as well as other states. Please contact us for additional listing of licensed states. This is not an offer or solicitation in any state where not properly licensed or registered.

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