Life Insurance Solutions
Ensure your family’s future security and legacy preservation with the right life insurance coverage.
Personalized Life Insurance
Life insurance is vital to protecting your wealth and ensuring continuity for your loved ones. In the event of your passing, life insurance provides your loved ones with liquidity to cover estate taxes, preserve assets, and maintain financial stability.1 At First Western Trust, we personalize life insurance to ensure you have coverage that protects your legacy and provides ongoing support for future generations.1
Whole Life
Term Life
Universal Life
Variable Life
Survivorship Life
Secure Your Legacy with Lifelong Protection
With whole life insurance, you receive permanent insurance coverage for your entire life. With this type of life insurance, part of your premium will go into a savings account with a fixed interest rate, building cash value over time.1
- Lifelong Coverage — Ensures continuous protection for your loved ones throughout your entire life.
- Cash Value Accumulation — Accumulate cash value over time, providing a valuable savings component that can be accessed during your lifetime.
- Fixed Premiums — Premiums remain stable for the policy’s life, offering predictability and consistency in your financial planning.
- Estate Planning Tool — Utilize this insurance as an effective tool for estate planning1 to provide liquidity to cover taxes and facilitate the seamless transfer of wealth to beneficiaries.
Optimized Protection for Key Life Stages
Term life insurance provides coverage for a specific number of years in your life and is effective as long as you pay the premiums. You can also lock in your rate, which is advantageous for financial planning.1
- Cost-Effective — Access cost-effective protection, making it accessible for individuals seeking temporary coverage.
- Flexibility — Choose the coverage duration that aligns with your needs and financial goals.
- Simplicity — Term life insurance policies are straightforward, simplifying the process of securing essential coverage without unnecessary complexities.
- Short-Term Financial Protection — Access temporary financial protection during critical periods to cover your loved ones during these important life stages.
Adaptable Coverage for Changing Needs
Universal life insurance provides more flexibility than whole life insurance. It lets policyholders adjust benefits and premiums and includes a savings feature for growth and borrowing without being tied to a fixed interest rate.1
- Flexible Coverage — Universal life insurance offers adaptable options, allowing you to adjust your coverage and premiums to meet changing needs.
- Cash Value Growth — With universal life insurance, you can accumulate cash value over time, providing a valuable savings component that can be accessed during your lifetime.
- Lifetime Protection — Universal life insurance provides lifelong coverage, ensuring continuous protection for you and your beneficiaries.
- Investment Opportunities — This type of insurance offers the potential for investment growth through various investment options within the policy, allowing you to potentially earn returns on premiums.
Tailor Your Coverage and Growth Potential
Variable life insurance involves more risk since your cash value will be variable and based on the performance of your investments.1
- Investment Flexibility — Allocate premiums into a range of investment options that align with your risk tolerance and financial goals.
- Cash Value Growth Potential — Offers the potential for cash value growth over time, influenced directly by the performance of chosen investments.
- Customized Coverage — Adjustable coverage options so you can align coverage and investments with your specific needs.
- Tax Advantages — Benefit from the potential to provide tax-deferred growth on cash value, reducing tax liabilities and optimizing investment growth.
Joint Legacy Assurance for You and Your Partner
Survivorship life insurance covers two people and gives the payout to beneficiaries when both individuals have passed away. Survivorship life insurance can sometimes cost less than two separate life insurance policies.1
- Dual Protection — Access coverage for two insured individuals, protecting both spouses or business partners.
- Estate Planning Tool — Utilize this insurance for efficient estate planning, offering liquidity for estate taxes and facilitating smooth wealth transfer.
- Cost Savings — Survivorship life insurance typically costs less than insuring each individual separately, offering potential savings.
- Long-Term Protection — Ensure beneficiaries receive support after both insured individuals pass away, securing your legacy.
Investment Management
Optimize your financial portfolio with tailored investment strategies designed to meet your long-term goals and risk tolerance.
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Trust and Estate
Ensure your legacy with comprehensive trust and estate planning, providing for your loved ones and securing your assets for future generations.
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Wealth Structuring Services
Craft a sophisticated wealth structuring plan that aligns with your financial objectives, offering a blueprint for asset protection and growth.
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Non-qualified Deferred Compensation Plans
Deliver customizable compensation approaches for your top executives, harmonizing their objectives with your company’s triumphs while presenting tax-efficient savings avenues.
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Retirement Annuities
Sustain a reliable stream of income, guaranteeing financial stability and tranquility as you navigate through your retirement voyage.
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Ready to learn more? Let’s have a conversation.
Find out how our tailored life insurance plans can offer peace of mind and ensure your family’s financial future.
Insurance services are Not a deposit, Not guaranteed by the Bank, May Lose Value.