Life Insurance
Life Insurance can be structured in many ways to protect families and businesses. You can leave a legacy, fund children’s college expenses, or supplement your surviving spouse’s income. Business owners may purchase life insurance to help ensure a the smooth transition to the new business owner. Tell us what your life goals are, and we will find a solution for you.
Whole Life Insurance
Whole Life – Whole life insurance provides coverage for the life of the insured. In addition to providing a death benefit, whole life also contains a savings component where cash value may accumulate.
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Whole life insurance lasts for a policyholder's lifetime, as opposed to term life insurance, which is for a specific amount of years.
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Whole life insurance is paid out to a beneficiary or beneficiaries upon the policyholder's death, provided that the premium payments were maintained.
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Whole life insurance provides a death benefit but also a savings component, where cash can build up.
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The savings component can be invested; additionally, the policyholder can access the cash while alive, by either withdrawing or borrowing against it, when needed.
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Some guarantee options available for anyone working.
Term Life Insurance
Term Life – Term life insurance guarantees payment of a stated death benefit to the insured’s beneficiaries if the insured person dies during a specified amount of years.
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Term life insurance guarantees payment of a stated death benefit to the insured's beneficiaries if the insured person dies during a specified term.
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These policies have no value other than the guaranteed death benefit and feature no savings component as found in a whole life insurance product.
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Term life premiums are based on a person’s age, health, and life expectancy.
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Very affordable options to make sure your family is covered. Minimal health questions and some guaranteed options available.
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Final Expense
Final expense insurance is designed to cover the bills that your loved ones will face after your death. These costs will include medical bills and funeral expenses. Final expense insurance is also known as burial insurance.
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No Medical Exam-Simple Application
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Guaranteed Acceptance for Ages 45-85
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The beneficiaries of a final expense life insurance policy can use the policy’s payout for any purpose whatsoever.
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The death benefit is usually somewhere between $2,000 and $5,000
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