Life Insurance

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Life Insurance provides financial protection to surviving beneficiaries after the death of an insured. It is especially important for those who have dependents to obtain Life Insurance as to protect them from financial hardship.

There are different types of Life Insurance that may be tailored to your needs. Different types of Life Insurance are:

Term Life:  Guarantees payment of a stated death benefit during a specified term. For Example: 20-year Term, 30-Year Term. Coverage can renew after the Term or be allowed to terminate.

Whole Life: Guarantees payment of a stated death benefit during the entire life of the insured. An alternative benefit to Whole Life policies is the Cash Value that accumulates during the policy.

Universal Life: A type of Whole Life policy in which the Cash Value, premium, & death benefit can be adjusted.

Variable Life: A type of Whole Life policy that uses the Cash Value accumulated and invests it into stocks, bonds, & money market mutual funds.