Life Insurance
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Looking out for your world.
When the unexpected happens, you want someone to be there for your loved ones. Someone who knows the ins and outs of the safety nets you put into place to make sure they’re taken care of. After more than 40 years in the life insurance business, you can trust us to be that someone. As you’re making these plans, we can negotiate the complexities of your business and your lifestyle, match you with a carrier who understands those complexities, and stay on top of milestones that may impact your policy, so you don’t have to spend a minute worrying about what happens next.
What makes us different.
We have the capacity and scale to surround you with everything you need to protect yourself, your family and your business. One team to manage it all.
With a deep understanding of risk transfer, we’ve earned our stripes crafting policies to meet the needs of everyone from the easily insured to intricate cases that require more finesse.
Rest easy knowing the team that understands you, your risk and your coverage will be here to service your account and the people you care about from the day your policy is put in place until the day they need it.
Passionate about life insurance and the peace of mind it can bring, our intimate knowledge of the industry ensures we structure a plan that protects every aspect of your legacy.
Specialized Services
At Christensen Group, we take a unique approach to life insurance, and you’ll experience the difference immediately. Not only do we take the time to get to know you and your unique needs, but we also have extensive experience on all sides of the negotiating table. In other words, we know where the rakes are and we’ll make sure you don’t step on them.
Business Succession
Individual Services
How we work.
Confide and consult
When you entrust your world to us, we get to know everything about it. From your driving record to your health, we help you get comfortable with sharing the different angles of your life story, so we can guide you toward the right coverage.
Making a match
Not every carrier is going to be the right fit for your legacy. Our knowledge of everything that makes up your risk combined with our deep relationships with a diverse set of insurers allows us to make the perfect match before we even start designing your policy.
Mind the gaps
Reviewing your situation and any current policy you may have, we look for gaps in coverage, creative ways to restructure your solution, and missed opportunities to better protect the things that matter most.
Vigilant protection
As your life and business changes so should your coverage. We touch base with annual checklists and regular policy reviews to ensure nothing slips through the cracks.
Life Insurance FAQs
Yes, life insurance can be considered an asset in some cases. This is because a policyholder can generally borrow against the cash value of their life insurance policy or use it as collateral for a loan, both of which are considered assets. Additionally, since the death benefit proceeds are not typically taxed (depending on your state), they may also be viewed as an asset when calculating net worth. However, it is important to note that in most cases both the cash value and death benefit from a life insurance policy will only become available after the insured has passed away, so these assets should generally not be counted as part of any current financial calculations.
No, life insurance premiums are not tax deductible. This is because the proceeds of a life insurance policy are typically paid out upon the death of the insured and thus do not generate any current income for which to claim a deduction. Additionally, since most policies have no cash value associated with them until after death, there is nothing to deduct from taxes at the time of purchase either. However, some employers may offer group life insurance policies as part of employee benefits packages, in which case the employer may be able to write off those premiums as a business expense. Speak with your insurance agent or financial advisor for more information on potential tax deductions related to life insurance premiums you may be eligible for.
Term insurance is temporary and only provides pure death benefit protection for a specific period of time. Term is the most affordable and does not accumulate cash value. Permanent insurance is designed to provide lifetime protection. The initial premium for Permanent is higher than Term, but it has the potential to accumulate cash value that can be accessed to help with lifetime needs.
The amount of life insurance needed varies for everyone as it depends on their unique circumstance and financial goals. Immediate obligations and future income needs should be considered when determining how much life insurance coverage is enough. There are many calculators out there to help you figure out how much you may need to maintain your lifestyle as well as help provide financial security to those that depend on you. Life Happens, A Nonprofit Organization, has a simple yet effective calculator, which can be found here.
If someone will be adversely affected financially by your unexpected death then you need life insurance. Life insurance can provide financial protection for your beneficiaries, for both personal and business reasons.
Speak with an insurance expert.
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