{"id":153,"date":"2024-10-20T19:01:18","date_gmt":"2024-10-20T23:01:18","guid":{"rendered":"https:\/\/mylegacy360.com\/faq\/"},"modified":"2026-03-31T04:24:27","modified_gmt":"2026-03-31T08:24:27","slug":"faq-2","status":"publish","type":"page","link":"https:\/\/mylegacy360.com\/en\/faq-2\/","title":{"rendered":"FAQ"},"content":{"rendered":"\t\t
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Welcome to Legacy360<\/h2>\n

Learn more about Legacy360 and your financial options.<\/p>\n

Have questions about life insurance, wealth building, or financial security?
Below you’ll find clear, simple answers to help you make confident decisions.<\/p>\n

General Life Insurance Questions<\/h2>\n
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What is life insurance?<\/h3>\n

Life insurance helps protect your loved ones financially if something happens to you. It provides money to cover expenses like bills, debts, or future needs.<\/p>\n

Do I need life insurance?<\/h3>\n

If someone depends on your income\u2014children, spouse, or family\u2014life insurance ensures they are financially protected.<\/p>\n

How much coverage do I need?<\/h3>\n

Coverage depends on your income, debts, and goals. A common guideline is 10\u201312\u00d7 your income, but we tailor it to your situation.<\/p>\n

Whole Life vs Term Life \u2014 what’s the difference?<\/h3>\n
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  • Whole Life:<\/strong> Lifetime coverage and builds cash value.<\/li>\n
  • Term Life:<\/strong> Coverage for a set period and more affordable.<\/li>\n<\/ul>\n

    How do I choose the right policy?<\/h3>\n
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    • Short-term needs \u2192 Term Life<\/li>\n
    • Long-term security & savings \u2192 Whole Life \/ Permanent<\/li>\n<\/ul>\n

      Can life insurance benefit my children?<\/h3>\n

      Yes. It can create a financial legacy or start building savings for your child early.<\/p>\n

      Should I review my existing policy?<\/h3>\n

      Yes\u2014especially after life changes like marriage, children, or a new home.<\/p>\n

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      Living Benefits & Health Protection<\/h2>\n

      What are Living Benefits?<\/h3>\n

      Living Benefits allow you to use your life insurance while alive if you face a serious illness, such as cancer, stroke, or heart attack.<\/p>\n

      How do Living Benefits help?<\/h3>\n

      They can cover medical bills, replace lost income, and support your family during difficult times.<\/p>\n

      Do all policies include Living Benefits?<\/h3>\n

      Not all, but we focus on policies that include this extra protection.<\/p>\n

      What conditions qualify?<\/h3>\n

      Most policies cover:<\/p>\n

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      • Critical illness<\/li>\n
      • Chronic illness<\/li>\n
      • Terminal illness<\/li>\n<\/ul>\n

        Can I qualify if I have health issues?<\/h3>\n

        Yes\u2014there are options designed for different health situations.<\/p>\n

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        Cash Value & Financial Flexibility<\/h2>\n

        Can life insurance help me save money?<\/h3>\n

        Yes. Policies like Whole Life and IUL build cash value over time.<\/p>\n

        What is cash value?<\/h3>\n

        It’s a savings component inside your policy that grows over time and can be used when needed.<\/p>\n

        Can I access my cash value anytime?<\/h3>\n

        Yes\u2014once built, you can use it for emergencies, opportunities, or personal goals.<\/p>\n

        What can I use it for?<\/h3>\n
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        • Home purchase<\/li>\n
        • Business funding<\/li>\n
        • Education<\/li>\n
        • Retirement<\/li>\n<\/ul>\n

          What happens to cash value after death?<\/h3>\n

          Your beneficiaries receive the policy’s main benefit. Specific details depend on your policy.<\/p>\n

          What if I cancel my policy?<\/h3>\n

          Many policies allow access to accumulated cash value or flexible adjustments.<\/p>\n

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          Annuities & Retirement Income<\/h2>\n

          What is an annuity?<\/h3>\n

          An annuity provides guaranteed income for life, like your own retirement paycheck.<\/p>\n

          Are annuities a good option?<\/h3>\n

          Yes\u2014especially if you want stable, predictable income in retirement.<\/p>\n

          What types of annuities exist?<\/h3>\n
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          • Fixed<\/li>\n
          • Deferred<\/li>\n
          • Income-based<\/li>\n<\/ul>\n

            Each serves different financial goals.<\/p>\n

            Can annuities help with legacy planning?<\/h3>\n

            Yes\u2014they can support your family and provide long-term financial security.<\/p>\n

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            Policy Reviews & Adjustments<\/h2>\n

            Why review my policy regularly?<\/h3>\n

            Life changes\u2014your coverage should too. Reviews ensure you stay properly protected.<\/p>\n

            Can I increase my coverage later?<\/h3>\n

            Yes\u2014many policies allow upgrades or added benefits.<\/p>\n

            How often should I review?<\/h3>\n

            At least once a year or after major life events.<\/p>\n

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            Budgeting & Financial Planning<\/h2>\n

            Can you help me with budgeting?<\/h3>\n

            Yes\u2014we help organize your finances and create a plan that works for you.<\/p>\n

            How does budgeting help?<\/h3>\n

            It frees up money so you can invest in protection and long-term goals.<\/p>\n

            How often should I review my budget?<\/h3>\n

            Monthly is ideal, but weekly check-ins are helpful when starting.<\/p>\n

            Are there tools to help?<\/h3>\n

            Yes\u2014apps and simple systems can make budgeting easy and consistent.<\/p>\n

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            Financial Security & Peace of Mind<\/h2>\n

            How does life insurance bring peace of mind?<\/h3>\n

            It ensures your family is protected no matter what happens.<\/p>\n

            Why is a financial plan important?<\/h3>\n

            It provides stability, security, and future options for your family.<\/p>\n

            What if I’m not sure what I need?<\/h3>\n

            That’s okay\u2014we guide you step by step based on your goals.<\/p>\n

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            Why Choose Legacy360<\/h2>\n

            What services do you offer?<\/h3>\n

            We provide customized life insurance and financial solutions for individuals and families.<\/p>\n

            Can I trust your services?<\/h3>\n

            Yes\u2014our focus is on transparency, reliability, and long-term client relationships.<\/p>\n

            Why choose Legacy360?<\/h3>\n

            We prioritize family protection, financial growth, and personalized support.<\/p>\n

            What makes your service different?<\/h3>\n

            You receive one-on-one guidance and tailored solutions based on your unique needs.<\/p>\n

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