Life & Annuity

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Life & Annuity

A keystone of sound financial planning. A simple and cost-effective way to provide protection to employees, family members, and loved ones.

At Competitive Advantage Life & Annuity, LLC, we provide a variety of life insurance and annuity packages that fit your needs. From the time of inception to the time of conversion, our professionals are here to answer your questions and guide you through the process.

Life Insurance

Life insurance is a way to protect your finances and secure your loved one’s quality of life after you’re gone. Some benefits include income replacement for dependents, inheritance final expense coverage, and a source of savings. We offer our clients a choice of term or permanent life insurance policies.

Term Life Insurance

  • Provides coverage in incremental years
  • Pays a specified death benefit amount to beneficiaries 
  • Generally, has lower premiums 
  • No cash value upon maturity

Permanent Life Insurance

  • Builds up a cash value over the life of the policy term
  • Provides an option to borrow against the policy’s cash value 
  • The cash value can be applied to your retirement income or help to pay towards tuition expenses for your dependents

Annuities

Let an advisor from Competitive Advantage show you how to use annuities as part of a diversified financial plan. Annuities provide a simple and secure stream of income, no matter which way the stock and bond markets are moving.

Similar to an insurance policy, you pay an insurance company a monthly premium, which they’ll invest. Eventually, the insurance company will use the earnings to pay you back. It’s up to you how much you pay into the annuity, how much you collect, and how long you’ll receive payments.

Let us explain how annuities can put your money to work for you and your employees.

Index Annuities

  • Fixed annuity
  • Provides a specified guaranteed benefit amount
  • Potential for tax-deferred interest earnings based on index performance
  • Opportunity for guaranteed income for life

Variable Annuities

  • Beneficiary and optional income protection
  • Portfolio growth potential based on market performance

Fixed Annuities

  • Guaranteed interest earnings
  • Principal protection
  • No market participation
  • Opportunity for guaranteed income for life

Types of Life Insurance

  • Less expensive insurance because it covers a defined time period
  • Term coverage is sold in 10-, 20- or 30-year increments
  • We can also find providers for follow-up term life insurance when your existing policy expires

  • Designed to protect you through your lifetime
  • Permanent insurance is generally more costly to purchase than term insurance, but the insurance premiums also accumulate cash value in addition to your death benefit protection
  • While it is more expensive upfront your loved ones stand to collect a higher value when it really matters

What is it?
  • Essential to your business when you depend on key executives
  • They are the visionaries, innovators, and inventors who make the whole endeavor possible, and without one or more of them, the business could cease to exist
  • If an essential employee suffers an untimely disability or death, your firm could be seriously and negatively impacted
  • If your partner suffers the worst without a succession plan or proper insurance in place, you may find yourself partnered with your old partner's spouse or children
    • Bills might not get paid
    • Customers might be left hanging
  • If it's you who suffers, how can you assure that your own family will be justly compensated for your share of the business?
Where We Can Help
  • Key person insurance can play a vital role in your business's long-term financial strategy
  • Competitive Advantage has expertise in this area: we can analyze the nature and structure of your business to determine suitable coverage for your needs
  • Our specialists can assist in establishing a business structure and buy-sell agreements that assure continuity of the business for the surviving employees and their families

Life insurance

Life insurance is a way to protect the finances and quality of life that your loved ones are accustomed to after you’re gone. We offer our clients a choice of term or permanent life insurance policies.

Term life insurance is less expensive because it covers a defined time period. Term coverage is sold in 10-, 20- or 30-year increments. We can also find providers for follow-up term life insurance when your existing policy expires.

Permanent life insurance is designed to protect you through your lifetime. Permanent insurance is generally more costly to purchase than term insurance, but the insurance premiums also accumulate cash value in addition to your death benefit protection, so while it is more expensive up front your loved ones stand to collect a higher value when it really matters.

Key person insurance is essential to your business when you depend on key executives. They are the visionaries, innovators, and inventors who make the whole endeavor possible. Without one or more of them, the business could cease to exist. So what if the unthinkable happens? If an essential employee suffers an untimely disability or death, your firm could be seriously and negatively impacted. If your partner suffers the worst without a succession plan or proper insurance in place, you may find yourself partnered with your old partner’s spouse or children. Bills might not get paid. Customers might be left hanging. If it’s you who suffers, how can you assure that your own family will be justly compensated for your share of the business?

That’s where we can help. Key person insurance can play a vital role in your business’s long-term financial strategy. Competitive Advantage has expertise in this area: we can analyze the nature and structure of your business to determine suitable coverage for your needs. Our specialists can assist in establishing a business structure and buy-sell agreements that assure continuity of the business for the surviving employees and their families.

Annuities

Let an advisor from Competitive Advantage show you how to use annuities as part of a diversified financial plan. Annuities provide a simple and secure stream of income, no matter which way the stock and bond market is moving. Similar to an insurance policy, you pay an insurance company a monthly premium, which they’ll invest. Eventually, the insurance company will use the earnings to pay you back. It’s up to you how much you pay into the annuity, how much you collect, and how long you’ll receive payments. Let us explain how annuities can put your money to work for you and your employees.

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How It Works & How We Do It

Our specialists are ready to provide an analysis of both the market as a whole and its individual components (competitors, consumers, product, etc.), using practical methods and starting from your research goals.

At Competitive Advantage Life & Annuity, LLC, we understand the intricacies of life insurance and can provide guidance selecting a plan that suits your budget and situation, and that will help your family when they need it most.”

Anthony Mento, President, Competitive Advantage Life & Annuity

Business Planning & Strategy

Nurture promoters, your loyal customers who are more profitable and will advocate for your business—both in good times and bad. Customer-focused businesses build a virtuous cycle we call the “customer wheel.” We help you at every stage of growth, developing custom solutions and collaborating with all levels of your organization. Identify quick, targeted customized solutions and operational improvements.

We are Always Ready to Assist Our Clients

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Get In Touch

info@thecacompanies.com

Available from 8:00 – 6:00; Monday through Friday

* We will be open each Saturday in March and November.