How can The Grimshaw Agency

help you today?

At The Grimshaw Agency, we are committed to helping families and individuals protect what matters most. We realize how important it is to find the right policy for you and your family. We understand policy needs come in all shapes and sizes, so we take the time to fully understand your family's goals, budget, and concerns so that we can shop from among 30+ of the top-rated carriers to find the perfect fit for you.

The Grimshaw Agency is dedicated to securing your future! We are committed to providing personalized and compassionate financial protection for individuals and families. We strive to empower our clients by offering reliable coverage tailored to their unique needs. With integrity and dedication, we aim to bring peace of mind, ensuring that every individual's journey is safeguarded against life's uncertainties. Your future is our priority.

We offer policies for every budget and every need with no medical exams or bloodwork

Mortgage

Protection

Not sure what you need?

We can help!

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 30 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.

Every parent wants their children to have the very best start in life. When it comes to how to make that goal a reality, parents should consider our SmartStart plan. This program gives your child a head start on saving for their college education, the down payment of their first home, and even their retirement, all while giving them the protection of life insurance.

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.

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, which is certainly a smart start.

A cancer diagnosis, heart attack or other unforeseen health crisis could leave you unable to earn an income, adding financial stress to an already emotionally stressful situation. Unfortunately, your mortgage or rent payment and other monthly expenses will still need to be paid. On top of those obligations, medical bills can quickly pile up. If you aren't able to work, you may not have the means to pay those bills.

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.

As a homeowner, being able to pay your mortgage on time every month is important. What would happen to your loved ones if you were to die prematurely, become disabled or critically ill, and your income suddenly disappeared? None of us know what the future will bring, but you can achieve peace of mind today with mortgage protection insurance.

Mortgage protection insurance is right for you if you want to:

• Protect your most valuable asset

• Ensure your loved ones never have to deal with the fear of losing their home

• Provide financial security if the unthinkable happens

Benefits of Mortgage Protection Insurance:

• Provides a death benefit to pay off your mortgage in the event of your death

• Pays your mortgage payments if you become disabled

• Protects your mortgage payments in the event of critical illness

• Provides benefits from a life insurance policy with generally affordable premiums

• Achieves peace of mind for your home and family

When you think of your assets, you probably think of tangible things like your home, car and retirement account. But, what about your ability to earn a living? At The Grimshaw Agency, we believe one of your biggest assets isn't anything you can touch or feel; it's your ability to work. If you're like a majority of Americans, it would be difficult, if not impossible, to continue meeting your monthly obligations if you were to become injured or ill and could no longer work.

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.

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.

When you purchase a deferred annuity as part of your retirement plan, you enter into a contract with the issuing insurance company. During the accumulation phase, when you're able to add funds, your funds will grow on a tax-deferred basis. When you're ready to turn your annuity into a stream of cash, you'll have various payout options to choose from. An Indexed Universal Life (IUL) policy includes both a death benefit amount and a cash value component. Your cash value account, to which you can make additional payments at any time, can be tied to a market index so you have the upside of investing in the stock market without the financial risk. The first step toward ensuring you have the income you need during your retirement years is to contact The Grimshaw Agency. We can help you understand the various products available that will best meet your needs.

What Factors Influence the Cost of Life Insurance?

What if I Have Life Insurance through My Job?

While many people have life insurance provided by their employer, there are crucial points to consider:

1. Insufficient Coverage: Workplace policies often don't provide enough coverage to keep your family afloat and also help cover your final expenses.
   
2. Non-Ownership: The policy isn't owned by you but by your employer. This means you're only covered while employed. If you leave the job, you lose the life insurance coverage.
   

Think about these examples to give you an idea as to why work policies aren’t enough:

• A person diagnosed with cancer has to leave their job for treatment because they physically can’t work while they fight for their life. If they lose that fight, they don’t have coverage because when they left their job, they walked away from their life insurance.
  
• After working for 20-25 years, someone leaves employment to pursue their dream of starting a business. They now have no life insurance since they left their job, and to get a new policy is significantly more expensive than it would have been when they were younger.
  

How much coverage do I need?

What if I live longer than my policy covers?

Understanding TERM LIFE Insurance:

A TERM LIFE policy is crafted to provide coverage for a specific duration, typically 20 to 30 years. Its purpose is to safeguard your family during years of significant financial responsibility, such as when you have dependent young children, a mortgage, and future income obligations.

As the policy concludes, major liabilities often decrease: the house may be paid off, children are grown and self-sufficient, and financial obligations diminish. However, it's common for individuals to outlive their term policies, leaving them without any accrued benefits.

While term policies are affordable during the coverage period, there are two alternatives, albeit more expensive:

1. Opt for a TERM POLICY with RETURN OF PREMIUM (ROP): This refunds 75-100% of the total payments made over the policy duration.
   
2. Consider a PERMANENT POLICY (Whole Life or IUL), designed to last indefinitely.
   

Why does everyone get a different price quote for life insurance?

Several key elements impact the price of life insurance:

1. Age: Younger individuals generally enjoy lower premiums due to a lower likelihood of mortality.
   
2. Sex: Men typically face higher costs consistently.
   
3. Coverage Amount: The payout size significantly influences the premium amount.
   
4. Coverage Duration: Longer coverage periods increase the likelihood of a payout, making it more expensive.
   
5. Tobacco Use: Smokers typically pay more, but quitting can substantially reduce premiums. Some companies are lenient on chewing tobacco compared to smoking.
   

Additional considerations include:

• Personal Health: Better health often leads to more affordable premiums.
  
• Family Health History: Previous major health issues among parents or siblings might impact pricing.
  
• Life Choices: Felonies, DUIs, drug/alcohol abuse, and even speeding tickets can affect eligibility and pricing.
  

The job offers an array of advantages, including:

• An opportunity to take ownership and accountability
• Access to mentorship that helps develop crucial leadership skills
• Strengthening familial bonds with your spouse and children
• The potential for financial and time freedom
• A means of identifying and pursuing your purpose
• The possibility of traveling to exceptional locations

Here’s a more in-depth look at what we do and how we do it…

Ready for an interview?

Thank you for stopping by. Please don't hesitate to contact us via call, text or email if you have any questions.

Mobile: 210-573-7389

Email: gitanya.symmetry@gmail.com