Life Insurance
Simply put, life insurance gives your loved ones financial security after you're gone. You pay a monthly premium, and if the unexpected happens, your loved ones get a death benefit they can use for things such as medical bills, funeral expenses, outstanding mortgage, college tuition and even living expenses.
You can feel confident today knowing your family will be secure with the life insurance policy that you choose if they ever have to make it on their own.
Life Insurance Options
Term Life Insurance - This coverage lasts for a "term" you choose, usually 10, 15, 20, or 30 years. During that time, your life insurance premiums are guaranteed not to increase. If you pass away during that time period, your beneficiaries get a cash death benefit. If you live longer than the term period, you have the option to continue your life insurance coverage for an annual, renewable premium, which is generally much higher. You can usually convert a term life insurance policy to a permanent life insurance policy without getting a new medical exam. Please call one of our Licensed Professionals to Assess your coverage needs. This is truly a coverage you should speak with a professional in order determine how much coverage you need and how to cost effectively cover you life for your family.
Permanent Life Insurance - There are two big ways that permanent life insurance is different from term life insurance. First, the policy is meant to last the rest of your life (as long as you make the required premium payments, of course). Second, part of the money you pay into your permanent life insurance policy is set aside in an account where it can grow cash value that you can tap into later on. There are several types of permanent life insurance, each with different advantages. Please call one of our Licensed Professionals to Assess your coverage needs. Many times we combine Permanent and Term insurance to properly cover your needs at the least possible cost. You really need a professional in order determine how much coverage you need and how to cost effectively cover you life for your family. It doesn’t take long and the consultation is FREE!