WHAT IS LIFE INSURANCE?
Life insurance helps you plan ahead and provide long-term financial security for your family.
A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured's death.
Typically, life insurance is chosen based on the needs and goals of the owner. Term life insurance generally provides protection for a set period of time, while permanent insurance, such as whole and universal life, provides lifetime coverage. It's important to note that death benefits from all types of life insurance are generally income tax-free.
Get peace of mind and protection for loved ones with life insurance.
Types of Life Insurance
Term-Life
Universal Life Insurance
Whole Life
Everyone needs financial protection. With term life insurance, you can provide for your loved ones even if … well, you’re not there. It’s not easy to think about, but having a well thought out financial plan is a smart move.
Term life insurance can be a cost-effective way to cover expenses like debt, college costs or even replace a wage earner’s income, so your loved ones will not be financially burdened.e services you offer. Also, be sure to showcase a premium service.
Whole Life
Universal Life Insurance
Whole Life
As things in life change, the type of life insurance you need can change too. While term life insurance covers you for a specific period of time, whole life is designed to protect you for your entire life.
You may want to consider whole life if you own your home or are thinking about retirement.
Universal Life Insurance
Universal Life Insurance
Universal Life Insurance
Life Insurance is a way to help make sure your loved ones, who depend on you, are financially secure if something were to happen to you unexpectedly.
There are lots of plans, but universal life insurance combines the best options — the affordability of term insurance with the long-term security of permanent or whole life insurance.