What type of life insurance policies do you offer?

Term Life

Whole Life

Index Universal Life

What’s the minimum that I need to start an Index Universal Life (IUL) policy for retirement income?

The rule of thumb is to take whatever your current age is, then multiply it by 10. That final number is typically the minimum that you need to pay monthly into an IUL.

For Example:

If you’re currently 40 years of age.

40 x 10 = 400

This means the minimum that you need to start and fund the IUL is $400 per month ($4800 annually)

Who is the best company to go with for life insurance?

It depends on your needs and/or the type of insurance product. ShieldWolf Strongholds works with several trusted partners to help find the best solution for your particular situation.

Which life insurance company has the best reputation?

There are three insurance company rating institutions you should check to confirm which life insurance companies have the best reputation:  Standard and Poor’s, AM Best, and Moodys.  

Shieldwolf Strongholds only works with A-Rated mutual insurance carriers like Pacific Life, Penn Mutual, Nationwide, National Life Group, and Mutual of Omaha to name a few.  A-Rated mutual companies are solvent insurance carriers with great reputations.  They’re typically known for their long term investment philosophies; not risky short term gain tactics.

How much can you sell a $100,000 life insurance policy for?

A $100,000 life insurance policy can typically be sold for $10,000 to $30,000 (10% to 30% of the death benefit) through a life settlement. The final amount depends heavily on the policyholder's age (usually 65+), health status (shorter life expectancy equals higher payouts), and policy type (permanent is preferred).

How much does a $1,000,000 life insurance policy cost per month?

A $1 million life insurance policy can cost anywhere from under $20 to over $1,000+ monthly, heavily depending on your age, health, gender, policy type (term vs.universal life), and term length; younger, healthier non-smokers get much lower rates, while older individuals or those needing lifelong coverage (whole life) pay significantly more. For example, a healthy 30-year-old might pay $30-$60/month for a 20-year term, while a 50-year-old man could pay $150-$230+, and whole life policies can easily exceed $500-$900/month for younger adults. 

What death is not covered by life insurance?

Life insurance typically doesn't cover deaths from suicide within the first couple of years, fraud or misrepresentation on the application, illegal activities, or certain high-risk hobbies, and often excludes death from war, terrorism, or overdose (especially within the contestability period), with specific exclusions depending on the policy, like hazardous activities or military service.

Is it cheaper to go through an insurance broker?

Insurance brokers aren't always cheaper; they can sometimes add fees or commissions, but they often save you money long-term by finding better value, accessing exclusive deals, and matching complex needs (like high-risk profiles) with specialized insurers, potentially offering significant savings that outweigh their costs, especially for complicated coverage. Your final cost depends on comparing their fees and potential savings against going direct, but their expertise can lead to better overall value.