Bill Wheeler, Life Insurance Agent
Bill Wheeler
The Bedrock Group
Life Insurance Agent Licensed in KY
Contact Details
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Location
Crestwood, KY
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Website
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Bill Can Help With:
About Me
Hey there, my name is Bill, and I am here to make life insurance simple. Choosing coverage can feel overwhelming, but I do the heavy lifting by comparing trusted providers on your behalf. Together, we'll find the protection your loved ones deserve — at no cost to you.
Q&A with Bill Wheeler
How do I calculate the death benefit I should choose?
Answer: You can calculate an exact target figure by adding up your family's future financial obligations, such as outstanding mortgage balances, estimated future college tuition, and expected funeral expenses for the future income your family will need. Usually ten to12 times your annual come.
Can I change my beneficiary on a life insurance policy?
Answer: Yes, as the policyholder, you generally can change the beneficiary on your life insurance policy at any time, as long as the current designation is revocable
Can I sell my life insurance policy for cash?
Answer: You can sell your life insurance policy for an immediate cash lump sum through a transaction called a life settlement. The buyer takes over your future premium payments and collects the death benefit when you pass away. Payouts are usually higher than a policy's cash surrender value, but lower than the total death benefit.
What is a life insurance broker and what do they do?
Answer: Term life insurance provides temporary coverage for a set number of years with no cash value. Indexed Universal Life (IUL) is permanent life insurance that lasts your whole life and includes a cash value account tied to a stock market index, like the S&P 500.