Life insurance offers financial security to your spouse, children and other relatives that depend on your income. Choosing the right kind of life insurance plan depends on your needs today as well as tomorrow. We are qualified to help you identify your needs, guide you through the variety of life insurance plans that we offer, and recommend the plan that best suits your needs. Make an appointment with us today.
Term life insurance is life insurance which provides coverage for a limited period of time, known as “the term.” After that period, the insured can either drop the policy or pay annually increasing premiums to continue the coverage. If the insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is often the most inexpensive way to purchase a life insurance policy.
Whole life insurance is also called permanent life insurance coverage because you have the coverage for as long as you live and continue to make timely premium payments. With level premiums and the accumulation of cash values, whole life insurance is a good choice for long-range goals. The guaranteed cash values can provide money later to help with temporary needs or emergencies.