Allan A. Butcher
Insurance Agent / Financial Professional
Insurance Agent / Financial Professional
Life Insurance
Long Term Care
Annuities
Helping clients understand their options and achieve their goals are what make my job so rewarding. Every client is unique, so together we can develop a personalized approach that meets today's needs and tomorrow's as well.
Together we can create a strategy that's customized to your needs and goals. I believe that we’re in this together for the longhaul, so you can count on me to help manage and update our approach as your life changes.
Call me at:
(516) 444 -9203
(516) 444 -9203
Allan was a pleasure to work with. A real gentleman. Being over 50, I was concerned about what I could leave my family and if I could even afford life insurance. He spoke with me in depth about my situation, and explained my options to me.
- Dave Ehrlich
- Dave Ehrlich
Not what I expected in an insurance agent. Not pushy, in fact quite easy to speak with. Allan took the time understand my circumstances and explained options he felt would fit my needs. I would recommend him to my friends and family.
- Lauren Grace
- Lauren Grace
Understanding Basic Life Insurance Optons
Term Life Insurance vs. Whole Life Insurance
Whole Life
Term Life
The Basics
Whole Life
Guaranteed lifetime protection and access to cash value that's guaranteed to grow.
Guaranteed lifetime protection and access to cash value that's guaranteed to grow.
Term
Coverage for temporary needs with options that allow you to prepare for the future.
Coverage for temporary needs with options that allow you to prepare for the future.
Length of coverage
Whole Life
Guaranteed lifetime protection as long as your premiums are paid.
Guaranteed lifetime protection as long as your premiums are paid.
Term
A set period of time, usually 10 to 20 years.
A set period of time, usually 10 to 20 years.
How you pay
Whole Life
Premiums are guaranteed never to increase, and there are options for how often and how long you pay—monthly, quarterly, or yearly.
Premiums are guaranteed never to increase, and there are options for how often and how long you pay—monthly, quarterly, or yearly.
Term
Pay premiums for as long as your coverage lasts. With many policies, premiums are locked in for a set period, and may be less expensive than whole life premiums during that period.
Pay premiums for as long as your coverage lasts. With many policies, premiums are locked in for a set period, and may be less expensive than whole life premiums during that period.
Cash value and growth
Whole Life
Guaranteed cash value growth that can be accessed when needed and may increase through dividends, when paid. These benefits accrue tax deferred, allowing you to maximize your savings.
Guaranteed cash value growth that can be accessed when needed and may increase through dividends, when paid. These benefits accrue tax deferred, allowing you to maximize your savings.
Term
None.
None.
Life insurance benefits
Whole Life
Death benefits can be transferred to beneficiaries tax free.
Death benefits can be transferred to beneficiaries tax free.
Term
Death benefits can be transferred to beneficiaries tax free.
Death benefits can be transferred to beneficiaries tax free.