Life Insurance

Life insurance is more than coverage for final expenses...

It is about protecting your family and taking care of your responsibilities. It is about mortgage protection, income protection, ensuring that your children’s education expenses are met and more. Furthermore, many types of life insurance can also be used for living expenses if your circumstances require it.

 

As your personal situations change (i.e., marriage, birth of a child, or new home) so will your life insurance needs. Care should be taken to ensure these strategies and products are suitable for your long term life insurance needs.

 

We understand that choosing the right type and amount of coverage may seem daunting, and we are here to help guide you through this process. We offer a variety of life insurance products including term insurance and permanent insurance, such as Whole-Life, Universal Life, and more.

 

Term Insurance- provides coverage for a specific time period, normally 10, 20, or 30 years. It pays a death benefit if you die within that term. This means you can choose a term life policy to cover you when you need extra financial protection, such as until your mortgage is paid off, or until your youngest child is age 21. Term life is one of the least expensive ways to buy life insurance, with level premiums for the life of the term.

 

Permanent Life Insurance- provides living benefits as well as death benefits and offers you financial flexibility during your lifetime. With permanent insurance you have the option to borrow from your policy, using its cash value as a collateral. This accessibility can make your permanent life policy a source of funds if you want extra income, incur a sizable bill, need to pay college tuition, or make a down-payment on a home. Permanent life products include Whole-Life, Variable Life, and Universal Life products.