Solutions for Women - Widowed
Virginia is a 58 year-old widow who owns a home with a small mortgage balance of $10,000. She has two grown children and two grandchildren. She currently has $50,000 in assets that are earning low interest rates in money market and certificates of deposits. Virginia still works 25 hours weekly at the telephone company and her company provides her with health benefits.
- Plans on retiring in seven years and wants monthly supplemental income at that time.
- Would like to leave grandchildren a start-up education gift of $5,000 each
- Burial expenses.
- Guaranteed Golden® - SBLI's whole life product for individuals ages 50 through 80 issued in amounts of $5,000, $10,000, $15,000, or $20,000. No health questions to answer and no physical exams are required. The premiums are affordable and builds cash builds every year.