Protecting against income loss by having the right life insurance in place can make a world of difference if the unexpected should happen to you.
Life insurance is about much more than paying for a funeral. Many families rely on life insurance to pay the mortgage, to help pay for college, to help pay everyday bills, or to take some time off work while recovering from grief. Imagine having to face unpaid medical bills every month after a loved one’s death. Imagine your kids no longer being able to live the same life in addition to living with the grief of losing a parent. Life insurance helps cover the financial needs of your family.
We offer these types of Life Insurance…
Whole Life
Whole life insurance is permanent insurance that will cover you throughout your life and builds cash value over time. Whole life insurance is a great option for locking in permanent life insurance at a premium rate that will remain the same until the certificate is paid in full. You can choose from a number of different time periods to pay for your certificate (10 years, 20 years, or when you reach age 65 or 100). Once the certificate is paid up, you are covered until age 121.
Term Life
Term insurance gives you life insurance protection for a certain amount of time. If you die during this period of time, your loved ones receive a death benefit. This is an affordable type of life insurance that provides temporary coverage.
Term life insurance may be right for you if you:
Want coverage for a specific amount of time
Need low-cost protection for yourself or for your young children
Want to help your family pay for mortgage payments, bills, college, or funeral expenses should you die
Universal Life
Universal life insurance may be for you if you want permanent life insurance that could allow you to change how you pay premiums in the future1. For example, when you purchase whole life insurance, you pay a set premium amount each month until the certificate is paid in full. With universal life, you can choose to pay amounts higher than your set premium to potentially increase your cash value.
Both types of insurance have the potential to accumulate cash value over time that you may be able to borrow against tax-free.
In many cases, universal life insurance may be more affordable than whole life insurance.
Have more questions?
Life Insurance can be a very confusing. We would greatly appreciate the opportunity to answer any questions that you may have. We have over 30 years of combined experience in the life insurance business and we are asking you to use our knowledge to your advantage. Contact us today.
The important thing is to never stop asking questions.
~Albert Eistein