Better Tomorrow Financial Group
100 Sun Ave
Albuquerque, NM 87109
Text the word: BTFGROUP To: 72727
Visit our Website
- Budget Assistance
- Debt Consolidation
Hours of OperationM 9 to 5
T 9 to 5
W 9 to 5
Th 9 to 5
F 9 to 5
S By Appt
Su By Appt
We provide financial education, budgeting assistance, superior insured financial products, life insurance, annuities, and other financial services. With a variety of offerings to choose from, we’re sure you’ll be happy working with us. Look around our website and if you have any comments or questions, please feel free to contact us.
Term Insurance – Inexpensive life insurance that provides coverage at a fixed rate of payments for a limited period of time. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.
Whole Life – A life insurance policy which is guaranteed to remain in force for the insured’s entire lifetime, provided required premiums are paid, or to the maturity date. Premiums are fixed, based on the age of issue, and usually do not increase with age. Normally you pay premiums until death, except for limited pay policies, which may be paid-up in 10 years, 20 years, or at age 65. Also, sometimes called “straight life,” or “ordinary life.” Whole life insurance belongs to the cash value category of life insurance, which also includes universal life, variable life, and endowment policies.
Indexed Universal Life – A type of fixed universal life insurance product, which usually provides a downside guarantee of 1% or less, but earns potentially high upside interest crediting, based on the performance of an outside stock index (such as the Standard and Poors 500, a.k.a. S&P 500). Indexed life products have a floor of zero, so a consumer’s money is always protected from downturns in the market. However, indexed life also has upside interest crediting potential of 15% or more (although still limited).