Personal Finance

At Vision Financial Group, we offer a variety of products that can help you meet a number of insurance and financial needs.

We invite you to read all about the insurance and financial products we can offer and to Contact Us for an in-depth discussion of your financial goals.

Life Insurance

Life insurance is an effective way to help protect your family's lifestyle and future. Plus the cash value in a whole life insurance policy can be accessed via policy loans and partial surrenders can be used to help you supplement your retirement income. This cash value can also be accessed and used for other major life events and can play an important part in estate, business succession, or charitable giving plans.4

Many people think that life insurance is only for people with families. While it is true that life insurance can help provide for the needs of dependents, life insurance also can be an important part of a well-thought-out estate, business succession or charitable giving plan. And permanent life insurance offers many living benefits as well, such as tax-deferred cash value accumulation. For all of these reasons, life insurance can be important for someone starting out, or for someone who's starting over.

Whole Life

Whole Life insurance is also known as permanent insurance. You receive coverage for your entire life, as long as premiums (which are a set amount per period) are paid. Whole life policies accumulate cash value tax-deferred.

Term Life

Term Life policies provide coverage for a specific amount of time, such as 10 years or 20 years. Term premiums are often less expensive than whole life premiums, but once the term of the policy is complete, coverage terminates. There is no accumulation of cash value.

Universal Life5

Like Whole Life, Universal Life is a permanent insurance policy, which means that it covers you for your entire life, as long as premiums are paid. Universal life, however, offers you flexibility that enables you to change your premiums and death benefit as your needs change.

Variable Universal Life6

Variable Universal Life combines the premium and death benefit flexibility of a Universal Life policy with investment opportunities. You can allocate your premium amongst a variety of professionally managed investment divisions plus a fixed account. Assets allocated to the investment divisions are subject to market risk and may lose value. Of course, with investment opportunities comes risk along with the potential for reward.

Survivorship Life 

Survivorship life insurance covers two people and provides payment of the proceeds when the second insured individual dies. Survivorship life insurance is often used to help meet estate planning or business continuation goal

Long-Term Care Insurance

Going through life may require a little help along the way. So if you're planning ahead, long-term care insurance may help protect you or a family member's future plans and help preserve the assets you've worked so hard to build.

Long-Term Care Insurance is still a relatively new type of insurance product. Many people do not understand what long-term care insurance policies cover, how and when the policies pay benefits, and who should obtain coverage.

Retirement Income

Preparing for retirement is easier with the help of our guaranteed1 lifetime income annuity products. You can select an immediate annuity2 that pays income right away, or a tax-deferred fixed annuity2 that allows you to set aside money until you need it. Either way, you will be assured a steady, dependable source of income for life.

Annuities7

An annuity is a unique financial vehicle designed to help you accumulate money for your retirement and/or turn a lump-sum of money into a guaranteed stream of income payments.

Deferred Annuities

Deferred Annuities offer the advantage of tax-deferral and can be used to accumulate money for retirement.

Variable Deferred Annuities8

A Variable Deferred Annuity offers the advantage of tax deferral and can be used to accumulate money for retirement. The policy’s accumulated value, and sometimes the amount of monthly annuity benefit payments, fluctuates with the performance of your investment account. There are fees, expenses and risks associated with the contract. Please be aware that assets allocated to the investment divisions are subject to market risks and will fluctuate in value.

Fixed Interest Deferred Annuities

With a Fixed Interest Deferred Annuity, the interest rate on your policy is guaranteed never to fall below a certain amount. For many people, this provides a measure of security about their investment.

Income Annuities 

Income Annuities are used to generate a stream of income payments that are guaranteed to last for as long as you need them to, even for the rest of your life.

Guaranteed Lifetime Income Annuities9

A Guaranteed Lifetime Income Annuity is an income annuity where income payments begin immediately, one period after the annuity is purchased. It is designed to provide you with predictable income monthly, quarterly, semi-annually or annually, no matter how long you live, and regardless of how the financial markets perform.

Investments10

We offer extensive products and services to help you develop a sound, long-term investment strategy. You can choose from over 10,000 mutual funds, including self-directed, tax-deferred Individual Retirement Accounts (IRAs). We also offer products to fund plans for companies of all sizes, ranging from SIMPLE IRAs to full-service defined contribution and defined benefit plans.

Other Products11

We have established relationships with other carriers, and can supply you with information on disability income insurance as well as individual and group health insurance products.3 If we don't offer it, chances are we can assist you.

To learn more about our products and services, please feel free to Contact Us or request a free consultation. We'll be happy to answer all your questions.

 


1Guarantees are backed by the claims-paying ability of the issuer. 2New York Life fixed annuities are issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation). 3Products available through one or more carriers not affiliated with New York Life; dependent on carrier authorization and product availability in your state or locality. 4Loans accrue interest and both loans and partial surrenders will reduce cash value and death benefit if not paid back. 5Issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation), a wholly owned subsidiary of New York Life Insurance Company. 6Offered by NYLIFE Securities LLC (member FINRA/SIPC). 7Issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation). 8Offered by NYLIFE Securities LLC (member FINRA/SIPC). 9Guaranteed Lifetime Income Annuities are issued by New York Life Insurance and Annuity Corporation (a Delaware Corporation), a wholly owned subsidiary of New York Life Insurance Company. Guarantees are based on the claims-paying ability of the issuer. 10Offered by NYLIFE Securities LLC (member FINRA/SIPC). 11Products available through one or more carriers not affiliated with New York Life, dependent on carrier authorization and product avaliability in your state or locality.

Helping You Achieve Your Financial Goals

Ronald "Buddy" Bailey is an agent of and licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies in the states of AK and WA. No insurance business may be conducted outside this/these state(s) referenced.

Ronald "Buddy" Bailey is also a Registered Representative of and offers securities products & services through NYLIFE Securities LLC, Member FINRA/SIPC, a licensed insurance agency. In this regard, this communication is strictly intended for individuals residing in the states of AK and WA. No offers may be made or accepted from any resident outside the specific state(s) referenced.