Licenses and disclosures

Educational information. The information on this page is general and educational. It is not insurance, tax or legal advice, and it is not a recommendation to buy, keep, change or cancel any policy. Your own situation may lead to a different conclusion. Please talk with a licensed professional before acting.

About this estimate. This tool produces a general estimate from the figures you entered and simple assumptions you can adjust. It is not personalised advice, an application, an underwriting decision or a quote. Real numbers depend on the carrier, the product, your health and your state.

About this checklist. This checklist is educational. It is designed to help you notice topics worth discussing with a qualified attorney and does not tell you which documents you need, draft anything, or create an attorney-client relationship.

Product availability. Products, riders and features are offered by the issuing insurance company, not by Quantum Family Wealth. Availability, names, costs and terms vary by carrier and by state, and can change. Not every product described here is available to every applicant.

State availability. Products are only offered where the producer and the issuing carrier are licensed and the product is approved for sale in your state. We confirm licensing for your state before any application is submitted.

Annuities. Annuities are long-term contracts issued by an insurance company and are subject to surrender charges, fees and other limitations described in the contract. Guarantees are backed by the claims-paying ability of the issuing insurer. Annuities are not suitable for everyone and are not a substitute for an emergency fund.

Carrier relationships. Quantum Family Wealth is an independent insurance agency and is not owned by, and does not speak for, any insurance company. Carrier names and logos are used to help you identify your own policy and reach the correct service team. Policies are issued by the carrier, and all guarantees are backed by the claims-paying ability of the issuing insurer.

Underwriting and approval. Nothing on this site is an approval, a decline, a quote or an offer of coverage. Eligibility, your rate class and your final premium are determined by the insurance company after you submit a formal application and it completes its own underwriting review. Carrier rules differ and change over time.

Do not cancel existing coverage. Do not cancel, lapse or reduce coverage you already have based on anything you read here or on any estimate produced by these tools. Replacing coverage can have real costs and you may not qualify for new coverage. Talk to a licensed professional before changing an existing policy.

About policy illustrations. An illustration shows how a policy could perform under a set of assumptions chosen at the time it is prepared. It is not a projection, a promise or a guarantee of future results. Actual results depend on the credited interest, the policy charges in force, the premiums actually paid, any loans or withdrawals taken, and the policy remaining in force.

Indexed universal life — non-guaranteed values. An indexed universal life policy is life insurance, not an investment, a security or a bank account. You do not own or invest directly in any index or in the stock market, and you do not receive dividends from an index. Interest credited is linked to the performance of an index according to the crediting method in the contract, which is subject to caps, participation rates, spreads and floors that the insurer may change within contractual limits. Cash value is reduced by cost of insurance and other policy charges. Cash value and the length of time coverage lasts are not guaranteed, and a policy can lapse if it is not funded adequately.

Living benefit riders. Accelerated death benefit and other living benefit riders are optional features that may not be available with every product, in every state, or to every applicant. They are subject to eligibility requirements, definitions and limits set out in the policy and rider. Using a living benefit reduces, and may eliminate, the death benefit and cash value that would otherwise be paid, and may affect eligibility for public assistance programmes. Receiving an accelerated benefit may have tax consequences.

Policy loans and withdrawals. Loans and withdrawals reduce the cash value and the death benefit, may cause the policy to lapse, and may result in a taxable event — including if the policy lapses or is surrendered with a loan outstanding. Loans accrue interest. If a policy becomes a modified endowment contract (MEC), distributions are taxed differently and may carry an additional penalty before age 59½.

Tax and legal information. Quantum Family Wealth does not provide tax or legal advice. Tax treatment depends on how a policy is structured, whether it stays in force, your individual circumstances and applicable law, all of which can change. Please consult your own qualified tax adviser and attorney.

Estate-planning documents. Estate-planning document technology is provided through Snug, Inc. Quantum Family Wealth, Quantum Wealth Builders LLC, and Snug are not law firms and do not provide legal advice. The platform provides guided self-help forms and is not a substitute for advice from a licensed attorney. Clients with legal questions, complex family circumstances, tax concerns, special-needs planning needs, business-succession needs, or other complex estates should consult a qualified attorney.

About the estate-planning platform. Snug Estate Planning is operated by Snug, Inc. and provides guided self-help forms that you complete yourself. It is not a substitute for advice from a licensed attorney. Snug, Inc. states that it is not a law firm and does not provide legal advice. You contract with the platform provider for the documents; Quantum Family Wealth introduces the service and helps you organise what you already have.

How we use your details. We use the details you provide to answer your question and, where you have asked us to, to prepare for a conversation. We do not sell your personal information. See the privacy policy for what we collect, how long we keep it, and how to request access, correction or deletion.

About the information shown here. Policy details shown in this portal are recorded by our team from carrier documents and conversations. They are not a live feed from the insurance company. Always treat the carrier’s own statement or portal as the authoritative record, and check the "last updated" date shown with each policy.