Life insurance helps you protect what matters most - your loved ones. Life insurance helps ensure their financial needs are met, even after you’re gone. It can fulfill promises made to your family if you are no longer around by providing a death benefit to your beneficiaries in return for premiums paid to the insurance company. Life insurance can also provide benefits while you are living. Life insurance can be a very important part of your overall financial plan, regardless of your stage in life. Generally, the younger you are, the less you pay for life insurance
Advantages of the Death Benefit
Advantages of Living Benefits
We can assist you in determining an appropriate coverage amount and help you decide on which type of life insurance is right for you.
Generally, you should consider life insurance if you have:
Life Insurance: What type is right for me?
There are two basic types of life insurance: term and permanent. Deciding which type may be appropriate for you depends on how you want your life insurance to work for your family.
The least expensive and most basic type of life insurance. You buy coverage for a certain amount of time, such as 5, 10, 15, 20 or 30 years. If you die before the term is over, your beneficiary gets the benefit stated in your policy. If you live beyond the term, the policy expires. Many policies also offer the option of extending your coverage, subject to certain restrictions and limitations.