Many people underestimate the importance of having a life insurance policy until it’s too late, however Life insurance is one of the most affordable strategies available for financially protecting your family and your business, should you pass away too soon.
Designed to allow your family to continue financially if you die, life insurance by provides a death benefit payout that can be used to pay your funeral costs, ongoing housing and daily expenses, and more. Life insurance can also provide lifelong protection, along with a cash value component that can grow over time to offer long-term financial security.
Your life insurance plan can be tailored to your unique needs and goals. We analyze your situation to provide a customized solution, ensuring your peace of mind for years to come. Click the tabs below to learn more.
Term Life is one of the simplest, most cost-effective types of life insurance. Generally, it provides the largest immediate amount of protection for the lowest cost and pays a death benefit upon your death. Term Life covers you for a set period of time, provided you pay the monthly premium, or in some instances, a lump sum in advance. The policy will pay to the named beneficiary the face amount of the policy (set benefit and/or lump sum) upon death of the insured within the stated term. Depending on the policy, it may also make payments upon terminal or critical illness.
This type of life insurance policy helps you save for the future by building a cash value that has many benefits to the insured, such as borrowing against the policy or building a tax deferred investment income, in addition to paying a death benefit. Whole life, variable life and universal life are all types of cash value life insurance. Cash value insurance is also known as permanent life insurance because it provides coverage for the policyholder’s entire life.
Final expense insurance is designed to help protect your loved ones from the financial burden of funeral costs related to your passing. Unlike life insurance, final expense policies have a much lower face value because they are intended to only cover costs related to a person’s final expenses. Therefore, these policies can often be purchased at low or reasonable premiums. Features include: Premiums do not increase, ever As long as make you premium payment, policies will remain effective Guaranteed death benefit.
Incredibly, people suffer from a heart attack or stroke every 30 seconds. They develop cancer and or Alzheimer’s at the alarming rate of every minute. When these events occur, living benefits allows you to use your life insurance benefits while you are still alive. In other words, you can receive care and pay for chronic or terminal illness that precedes death with your living benefits.
We work with many of the top Life Insurance carriers to offer plans that suit different lifestyles needs and budgets. Our guidance is completely free, and your premiums are never higher when working with one of our experienced Health Insurance agents.
