Get the peace of mind that comes from protecting yourself and your family with Life Insurance!
Life insurance helps your life’s moments live on. Whether it keeps paying the mortgage, maintains a current standard of living, pays off debts or pays for college, the life insurance you choose can be there when it’s needed most by your loved ones. Life insurance is one of the key pillars of personal finance, deserving of consideration by every household. It provides a tax-free lump sum of money to your loved ones in the event of your death, allowing them to continue toward their financial goals. It’s a value asset that gives you peace of mind that they’ll be taken care of even when you aren’t around. Learn More about the different types of Life Insurance and how to secure your families future.
Term Life Insurance
Term life insurance guarantees payment of a stated death benefit to the insured’s beneficiaries if the insured person dies during a specified term. The term lengths vary according to what the individual chooses. Terms typically range from 10 to 30 years and increase in 5-year increments, providing level term insurance. Among the most popular life insurance products available, term life policies tend to be more affordable.
Whole Life Insurance
Whole life insurance is a type of permanent life insurance, also known as Final Expense or Burial Insurance which means the insured person is covered for the duration of their life as long as premiums are paid on time. Permanent life insurance is different than term life insurance, which covers the insured person for a set amount of time (usually between 10 and 30 years).
Indexed Universal Life Insurance (IUL)
Indexed universal life insurance is a type of permanent life insurance, which means it has a cash value component in addition to a death benefit. Indexed universal life (IUL) insurance allows the owner to allocate cash value amounts to either a fixed account or an equity index account, such as the S&P 500 or the Nasdaq-100.
Children’s Whole Life Insurance
A whole life insurance policy that can provide lifelong insurance protection for your child or grandchild, as long as premiums are paid. It offers financial protection by providing $5,000 to 50,000 of whole life insurance coverage while also building cash value over time to help provide a nest egg for the future. All for as little as pennies a day!