Disclosures

This is an advertisement for insurance

This website is an advertisement. Its purpose is to invite you to inquire about insurance and to connect you with a licensed insurance agent. Completing a form or calling the number on this site will result in contact from a licensed insurance agent who may attempt to sell you a life insurance policy or an annuity contract. Neither this website nor any material on it is an offer of coverage or a contract.

Who is responsible for this advertisement

Elavere Life & Retirement (Prosper Financial) is responsible for the content of this website. The responsible licensed producer is Victor M Robles Soto, Texas insurance producer license number 3546592, National Producer Number (NPN) 22305583, licensed as an insurance producer in Texas and Iowa. Business address: 1046 W Kinzie St #300, Chicago, IL 60642. Telephone: (713) 925-7011. Agency line: 863-843-5800.

Insurance company identification

Elavere Life & Retirement is an independent insurance agency. We do not issue insurance policies. All policies and annuity contracts are issued by insurance companies with which the agency and its producers hold appointments. The full legal name of the issuing insurance company will be disclosed to you before any sales presentation and appears on all application materials, illustrations, and policy documents. Where an insurance company is referred to by a shortened, trade, or marketing name, its full legal name will be provided at or before that first reference.

Products described on this site

Products described here are life insurance policies and annuity contracts. They are not bank products, not deposits, not savings accounts, and not investments or securities. They are not FDIC or NCUA insured and are not guaranteed by any bank, credit union, or government agency. All guarantees and benefits are subject to the claims-paying ability and financial strength of the issuing insurance company.

Policies and contracts contain exclusions, limitations, reductions of benefits, waiting periods, and terms for keeping them in force. Product features, availability, and rates vary by state, by issuing company, and by the applicant's age and underwriting classification. Not all products described here are available in every state. No coverage exists until an application is approved by the issuing insurance company and the required premium is paid.

Index-linked products

Index universal life insurance policies and fixed index annuities credit interest using a formula referencing an external index. They do not directly participate in any stock, equity, or index investment, and index credits do not include dividends paid by companies in the referenced index. Caps, participation rates, spreads, and policy or contract charges are set by the insurance company, may be changed within the limits stated in the contract, and are not guaranteed for the life of the policy. Non-guaranteed values shown in any illustration are hypothetical, are not a projection or prediction of future results, and depend on assumptions that may not occur.

Annuity liquidity

Deferred annuity contracts generally carry a surrender charge period. Withdrawals in excess of the contract's stated free withdrawal amount during that period are subject to surrender charges and may be subject to a market value adjustment. Withdrawals of taxable amounts are subject to ordinary income tax and, if taken before age 59½, may be subject to an additional 10% federal tax. Optional riders are available at additional cost and carry their own terms, charges, and limitations.

Not affiliated with any government agency

Elavere Life & Retirement is not affiliated with, endorsed by, or sponsored by the Social Security Administration, the Centers for Medicare & Medicaid Services, the United States government, the State of Texas, the State of Iowa, or any other government agency or program. No communication from this agency is a government document or a government benefit notice.

How we are compensated

We charge you no fee for our services. When a policy or annuity contract is issued, the issuing insurance company pays the agency and its producer a commission that is already reflected in the premium charged by that company. Compensation varies by product type and by insurance company. Permanent life insurance and annuity contracts generally pay higher compensation than term life insurance. You may request additional information about the compensation we receive in connection with a specific recommendation.

No tax, legal, or investment advice

Neither Elavere Life & Retirement nor its producers provide tax, legal, accounting, or investment advisory services, and nothing on this site should be relied upon as such. Consult a qualified tax advisor, attorney, or investment professional regarding your specific circumstances.

Testimonials and third-party names

Any client statement appearing on this site is an individual experience and is not a guarantee of any future result. Insurance company names and marks appearing on this site, if any, are the property of their respective owners and are used only with each company's written permission and in the form each company requires.

Advertising review

[COMPLIANCE NOTE — do not publish this site until every page has been reviewed under your agency's advertising approval process and, where a carrier's rules require it, submitted to that carrier for written advertising approval. Texas insurance advertising rules require clear identification of the responsible entity and disclosure that an agent may contact a person responding to an invitation to inquire; Iowa requires the producer's full name and the insurer's full name before a sales presentation. Retain copies and approval records for the period your carriers and each state require.]