Universal Life Insurance - Roebuck Agency, LLC in WV - Gary and Sharon Roebuck - Insurance agents in Charleston West Virginia and Big Otter West Virginia, specializing in farm, commercial, life auto and home insurance

Universal Life Insurance

A well-conceived life insurance program can be an ideal solution to your most important financial concerns. It can offer the following important features:

A tax-free death benefit, paid immediately to your beneficiary without passing through probate.
A source of supplemental retirement income
Tax-deferred accumulation of cash values
Accelerated death benefit. This benefit provides a way to receive a portion of your death benefit prior to your death, if you become terminally ill. (Form ACC91) (Not available in all states).

Tax Notes: Proceeds from an insurance policy paid because of the death of the insured are generally excludable from the beneficiary's gross income for tax purposes. (IRC Sec. 101(a)(1).) Income and growth on accumulated cash values have been held by the Tax Court to be generally taxable only upon withdrawal. (IRC Sec. 72.). Policy loans from life insurance polices (assumes non-modified endowment contract) generally are not treated as distributions or subject to income tax (IRC Sec. 7702). Consult your tax adviser or attorney on your specific situation. State Specific Information: A two-year suicide provision is included in policies (one year in Colorado and North Dakota). If a policyholder commits suicide during the first two policy years, only a refund of premiums will be made. (Missouri requires coverage for acts of suicide, unless it can be proven that the insured intended suicide at the time the application was completed). The foregoing is neither a contract nor an offer to contract, but is a general description of benefits available under a policy providing the benefits outlined. The exact provisions, terms and conditions of the contract are set forth in detail in any such policy as may be issued.

Financial Objectives

Most people want to accomplish one or more of these financial objectives:

Providing for the ongoing living expenses of family members in the event of a breadwinner's death
Making sure a child's dream of a college education will come true
Making sure your home is paid for and that you and your family get to live there for as long as you want
Money at retirement to do the things you've always wanted to do

Goals

We believe an ideal financial strategy should:

Be self completing
Allow you to make flexible payments over the years
Grow steadily and dependably at a competitive rate of interest, comparable to or better than certificates of deposit
Grow tax-deferred
Minimize the amount of taxes you pay and maximize the dollars that stay in your pocket and the pockets of your family members.

American National Insurance Company, Galveston, TX
American National Property and Casualty Companies, Springfield, MO
Farm Family Life Insurance Company, Glenmont, NY
Farm Family Casualty Insurance Company, Glenmont, NY
United Farm Family Insurance Company, Glenmont, NY

All products, coverages, and options are not available in all states, and eligibility requirements will apply. Products and services referenced in this website are provided through multiple companies. Each company has financial responsibility only for its own products and services and is not responsible for the products and services provided by the other companies.

Personal lines and commerical insurance products offered through one of these American National subsidiaries or affiliates: American National Property and Casualty Company (ANPAC), Springfield, MO (except in CT, DE, MA, ME, NH, NJ, NY, RI, VT, FL, NC, MI, MS); American National General Insurance Company; Pacific Property and Casualty Company (California residents); ANPAC Louisiana Insurance Company (Louisiana residents); American National Lloyds Insurance Company (Texas residents); American National County Mutual Insurance (serviced by ANPAC – Texas residents); United Farm Family Insurance Company, Glenmont NY in MD and PA; Farm Family Casualty Insurance Company, Glenmont NY in CT, DE, MA, ME, NH, NJ, NY, RI, VT and WV.

Life Insurance products are issued through American National Insurance Company, Galveston Tx or Farm Family Life Insurance Company, Glenmont, NY. Disability Income products and services are issued through Farm Family Life Insurance Company, Glenmont, NY or Illinois Mutual Insurance Company, Peoria, Illinois.

Tax issues that may be discussed are subject to change and this is for your information only. Discussion of such issues does not constitute tax or legal advice. Please consult your tax advisor, attorney or CPA for guidance on all tax matters.

These brief descriptions of coverages available are for illustrative purposes only, and are not intended as a statement of contract. For actual terms and conditions of coverage provided, refer to your insurance policy, or, for more information about coverage options and availability, talk to your American National agent and eligibility guidelines apply. American National Family of Companies reserves the right to discontinue programs at any time.

This site may have links to other sites, which are not maintained by American National Insurance Company, it's subsidiaries or affiliates. Such links do not imply endorsement or approval of these sites or the content therein by American National, its subsidiaries or affiliates.