Life Insurance

Although it may be difficult to consider, your family’s need for income will continue even if you are not here to provide it.

Life Insurance provides peace of mind. The comfort this assurance gives is immeasurable.

Prepare for the possibilities in life.

 Types of Life Insurance:

Whole Life - lasts your whole life to age 120, premiums stay level, and provides a cash value based on a declared credited interest rates calculated on premiums paid into the policy.

Universal Life - considered a type of whole life, UL offers significant flexibility- to change the level of coverage or to stop and resume premium payments. As a result, universal life policies can be adjusted to meet your changing needs. UL policies offer a cash value either from a fixed interest rate or an indexed market tied interest rate.

Term Life - Coverage that will last for the period you purchase coverage for such as 10, 15, 20, 30 years, provides an option to convert to whole life throughout the term period without proof of insurability, does not build cash value. Premiums can be guaranteed or increase after a certain time. Most affordable coverage available.

Survivorship Term or Whole Life - also known as “ second –to-die”  one policy covers two people but only pays a death benefit on the second person to die.

Children’s life - term or whole life coverage for children as young as age 1. With options as they get older to change coverage or convert to an adult policy.

Graded Life Insurance - a whole life policy purchased by someone who cannot make it through the health underwriting process. Graded  means that for the first two years of the policy the insurance company will not pay the death amount if the owner dies within that initial period, only a percentage or all of the premiums paid into the policy will be paid.  After the two year grace period the policy will pay the total death amount.