The money you spend on permanent life insurance can be used to pay death benefits for your loved ones, or to help you financially during your lifetime. Mary Miller, local State Farm agent with experience since 1986, offers benefits of life insurance with State Farm. Miller is located on 1340 Chattahoochee Dr. Rockmart, GA 30153-2016.
Lifetime Protection: Whole life insurance offers level premiums and life insurance protection for as long as you live, provided premiums are paid as required to keep the policy in force. The death benefit paid by a whole life insurance policy generally passes on income tax-free to your beneficiaries.
Cash Value: Whole life insurance provides for the accumulation of cash value on a tax deferred basis over time. This cash value can be used to help cover unexpected expenses, college expenses or help supplement your retirement income. Unpaid loans and withdrawals will reduce the death benefit and policy cash value. Loans also accrue interest. Miller has members of her staff that have up to 24 years of experience in the field of insurance which guarantees you to have not only an excellent experience but be informed by knowledgeable representatives.
Policy Dividends: With whole life insurance, insurance companies may pay dividendsa return of premium for better-than-expected performance by the insurance company. Though not guaranteed, dividends can increase a policy's death benefit or cash value, and generally aren't considered taxable income.
With a well-rounded staff, Millers State Farm office offers many benefits even beyond life insurance. In 2016 her office was award Small Business of The Year of Polk County. Miller serves as a member of the Polk County Chamber of Commerce, Secretary to the Polk County College and Career Academy, and holds the title of Silver Scroll Agent.
Neither State Farm nor State Farm agents provide tax, legal, or investment advice. Please consult your tax, legal, or investment advisor regarding your specific circumstances.