🔹 GENERAL INSURANCE FAQ

1. Why do I need life insurance?
   Life insurance protects your family financially in the event of your death. It helps cover final expenses, debts, and ongoing living costs for your loved ones.
2. What’s the difference between term and whole life insurance?
   Term is temporary coverage for a set number of years. Whole life lasts your entire life and builds cash value over time.
3. Can I have more than one life insurance policy?
   Yes, you can own multiple policies to meet different financial goals or coverage needs.
4. How much life insurance do I really need?
   We recommend 10-15x your annual income, but we tailor it to your family’s exact financial picture and future needs.
5. What happens if I outlive my term policy?
   Your coverage ends, but you can often convert it to permanent insurance or renew at a higher premium.

🔹 RETIREMENT & FINANCE FAQ

1. What is an annuity and how does it work?
   An annuity is a financial product that provides guaranteed income in retirement. You invest now, and receive payments later, either for a set period or for life.
2. How is an IUL (Indexed Universal Life) different from other life insurance?
   An IUL combines permanent life insurance with tax-advantaged cash value growth linked to market performance (without market loss).
3. When should I start saving for retirement?
   The sooner, the better. But it’s never too late. We help you create a plan no matter your stage of life.
4. Is an IRA or Roth IRA better for me?
   It depends on your tax situation now and in retirement. We’ll help you choose the best option based on your future goals.
5. Can I roll over my 401(k) without penalties?
   Yes, we can help you roll over your 401(k) into an IRA or annuity without taxes or penalties when done properly.

🔹 MEDICARE & HEALTH INSURANCE FAQ

1. When can I enroll in Medicare?
   You’re eligible at age 65, but enrollment windows are specific. We’ll guide you through when and how to enroll.
2. What is the difference between Medicare Advantage and Medicare Supplement?
   Advantage is an all-in-one plan managed by private insurers; Supplements (Medigap) fill the gaps in original Medicare.
3. Do I need a Medicare Part D plan?
   If you take prescriptions, yes. Part D helps cover your prescription drug costs.
4. Is there a penalty if I don’t enroll in Medicare when eligible?
   Yes, if you miss your Initial Enrollment Period without other creditable coverage, you may face penalties.
5. Can I get help choosing a plan that covers my doctors and prescriptions?
   Absolutely. That’s what we specialize in, helping you find the best plan at the lowest cost.

🔹 DEBT ELIMINATION & CREDIT FAQ

1. Can you help me get out of debt faster?
   Yes. We use strategic, proven plans that help eliminate debt in record time without consolidation or bankruptcy.
2. Will this affect my credit score?
   No, our strategies are designed to help improve your financial health without hurting your credit.
3. Do you offer credit repair?
   We provide financial education and resources to help clean up your credit and increase your score the right way.
4. How does your debt elimination strategy work?
   We use software and financial analysis to build a custom roadmap that targets the fastest payoff method based on your budget.

🔹 AGENT & BUSINESS OPPORTUNITY FAQ

1. Do I need a license to become an insurance agent?
   Yes, but we’ll guide you through getting licensed and connect you with discounted pre-licensing tools like Xcel Solutions.
2. Can I do this part-time?
   Yes, many of our agents start part-time while they build their business and learn the industry.
3. What kind of training do you offer?
   We provide hands-on mentorship, agent bootcamps, weekly coaching, and full access to our online training university.
4. How do I get paid?
   Agents earn direct commissions from carriers, plus renewals, overrides, and potential bonuses.
5. What makes R8 Family Financial different from other agencies?
   We’re built on faith, family, mentorship, and doing what’s right for the client. No quotas. No hype. Just real opportunity and impact.