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Show SOUTHERN UTAH NEWS Community 21 WEDNESDAY APRIL 9, 2003 The double comfort of permanent life insurance makes it worth a look By Tim Croteau , Northwestern the death benefit. Mutual Financial Network With permanent life insurPermanent life insurance gets ance, the benefits are doubly a bad rap in these days of the comforting. This is because there are two parts to a permanent booming economy. inCritics of permanent life life insurance policy: the death there and of are benefit that usually consists of a surance, many taxfree payment to the benefithem, say its better - and to insurterm ciaries; and the cash value that buy cheaper indicates that the national marriage rate has dropped 43 percent over the past four years to its lowest point ever. This means a lot of unmarried Americans have no choice but to plan for retirement on their own. For retirement purposes, the cash value of a permanent life insurance policy can be used to generate additional income. Fund an education. For example, college tuition is expected to annually increase 6.5 percent for both private and public schools, accord-ingt- o a Money magazine survey. If the current, 6.5 percent annual increase in fees continues, the cost to send a child bom this year to a four-yeprivate college will inch near the $225,000 figure in 18 years. You can tap into the cash value of your permanent life insurance ance. These same critics will tell grows and that can to cost difference in the take be accessed the you by policyowner between a permanent and term whenever cash is needed. life insurance policy and invest This means, if you own a permanent life insurance policy, you have or save it elsewhere. Truth is: America is a nation the peace of mind that comes from of poor savers. There are lots of knowing that the people you care statistics out there that lay cre- about will be taken care of finandence to this unfortunate fact. cially if you die unexpectedly. For example: Moreover, permanent life inIn 1974, Americans saved 9.5 surance provides a financial repercent of their paychecks, ac- source that you or your heirs can cording to the Wall Street Jour- access for a variety of opportuninal, in 1999, the savings rate fell ties. You can use it to: to negative 1.2 percent, the lowSupplement vour retirement policy for education funding, via est since the Great Depression. income. For example, a recent loans or surrenders. Pursue a business or other Nearly half of all parents study by the National Marriage colhavent saved money for the Project at Rutgers University opportunity. Having a flexible of education their children, lege to Money magazine. accordingthree-fourtAlmost of retirees continue to work after retirement COMPANY & OWNER OPERATORS -- a third of them because they need the money to do extra things, and more than a fourth just to make 35 WESTERN STATES - EXCELLENT PAY & BENEFITS ends meet, according to the Forum 3 YRS OTR EXPERIENCE WITH HAZMAT REQUIRED for Investor Advice. Three-fourtAmericans of all 866-313-04- 78 over the age of 20 will have less than half the income they will tax-deferr- ed DRBVERS WANTED: ridT WJfSinmso Gold 37 for yo I T A L A We are looking for a business-o- n to lead the operation of a 20,000-acr-e Systems. Inc. . 222 South Saskatchewan region, with a herd numbenng over 3,000 a. c- - s P 1 1 Here is what we can do for you...Our specially trained readers find and tag any press reference to your subjects. The articles are then mailed, faxed or you can utilize our new CD ROM service Call Utah Press Association for more information or 1 - t Ms. W Stewart Hergbfl Duval Stack fkSiors 1208 410 -- 22nd Street East Saskatoon, SK S7K SIS, CANADA Email pstewartShergottduralirca far; (30E565W5359 HRcppt aiift Jerscs te upautahpress 2 col. Advertise Here! Statewide!!! 200 E. Kanab, UT 84741 N. -- Through Your Local Sv J ft S'. wv v s w ttf. sts IIP s s. sJrSt'Vsitfs'siss. " Ttttt Press g?Utaii ASSOC 2 in. Ask your local paper how you can reach over 250,000 households in 40 Utah newspapers in one easy step through Utah Press Association statewide 2x2 (2 col. x 2 in.) display network. (National placement also available through the Utah Press A T I O ) N ( The Utah Legal Notice Database is online? Manual searches are free! Or, subscribe to Smart Search and receive daily delivery of .local and or statewide legal notices of vital importance to your I q0 to; www.utahlegalnotices.com A service of the Utah Press Association and your local newspaper Localize The World Wide Web 4. BannerAd Network Paper.-2X- 2 STATEWIDE ADVERTISING NETWORK 2 a 'business. com Visit us at wwwutahpress com Life Housing and vehicle re provided mlh so attach ve compensation package References are required Ontf shcrHisled candidates wil be contacted Internet Tool For Your Business! & - Annuities, IRAs 02003 The Northwestern Mutual Co . Mihautee W 3084111 Qi A New Indispensable & a Insurance LEHI E ented manager cattle ranch in the I insurance Disability insurance Mutual w Northwestern FINANCIAL NETWORK 181 S. 1200 Applicants must have extensive knowledge and experience in ail areas of the cattle business including breeding caivin a, fed growing, teelot operations, errployee management and herd rrarteting The ideal canacfete will also have a proven trait record in animal health high conception rates, low mortality rates (National placement also available through Utah Press ) 00 Life www.nmfn.comsouthernutahgroup 2 Ask your local paper how you can reach over 500,000 households in 50 Utah newspapers in one easy step through Utah Press Association statewide classified advertising network. wheelchair, a new power wheelchair may be provided at little or no cost, subject to , insurance qualifications. No HMOs, please. 888-972-23- tim.croteaunmfn.com 768-333- or before If disabled and unable to propel a manual Expert guidance and innovative solutions to help you reach your financial goals. Are You There Yet? 691-426- 41903 or someone you know have limited mobility? Cood Life (435) Tiitfl Expire HOMS N Gray mnch wrneM & ss. family 251 StokPrfco Lt. Ask about specials on other colors Kimufiart BOSS 3-04- 78 Call for information: Tim Croteau Financial Representative Custom Sizes Wi accept theie credit cards or Do you Custom Lengths Call for FREE M Length 'White 'Charcoal 'Dark Brown $q, ft, Speclal Order hs 866-3- 1 can be a great way to access that cash when you need it. Clearly, no other financial product can do what life insurance does: provide money immediately in the event of the insureds death and be a source of cash while the insured lives. This makes permanent life insurance an important building block worth looking at in anyones overall financial plan. Don't, Wait - Limited Supply! r SLT EXPRESS need to retire comfortably unless they sharply increase their savings and retirement assets, according to Oppenheimer Management Corporation. What the critics often ignore when knocking permanent life insurance is the plain and simple fact that theres more to it than life require cash. Life insurance CLOSEOUT - STEEL ROOFINGSIDiNG ar hs the very best opportunities in source of cash such as a permanent life insurance policy can be of great benefit whenever opportunity knocks. Policy cash values can be accessed via loans or surrender. The flexibility in repaying a policy loan is a real plus. In addition, these policies can be assigned as collateral for a loan from another institution. A loan backed by life insurance cash value is usually considered a pretty safe bet by a loan officer. As we all know, some of Are you advertising in markets that are doing you no good? 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