Term Life Insurance
Want the assurance that your family will be provided for in the event of your death? Not prepared to face the higher premiums associated with permanent life insurance. Term Life insurance offers a flexible and affordable solution to your estate planning needs. Buying a house? Individual term insurance is the only way to secure your mortgage for your family's financial future. Term life insurance is both renewable and convertible. Guaranteed renewal rates at the end of your term give you the knowledge that should your health fail during the course of your term, the same coverage will still be available to you without further medical tests or information having to be provided. Convertible plans offer the option of switching to permanent life insurance at any time during your term. Your rates will be recalculated based on your attained age at time of conversion.
Permanent Life Insurance
Permanent Life insurance products such as whole life enable the insured to obtain life long coverage at a guaranteed premium rate. This eliminates the need to charge progressively higher premiums as the life insured ages, as in done with most forms of term insurance. In addition, since portions of the policy owner's premiums are used to build cash reserves in a permanent life insurance plan, the policy owner is entitled to the total cash surrender value should they wish to surrender the permanent policy prior to death.
Universal Life Insurance
Universal life insurance is a policy that combined tax sheltered investments along with a flexible insurance benefit that can be tailored to suit the needs of most potential clients. A universal life insurance plan can be modified at any time in the future to accommodate the policy owner's changing needs for coverage or ability to pay premiums. The policy owner can increase or decrease coverage, increase or decrease (or stop) premium payments and adapt investment options within the policy to match changing needs.
 |
For more information contact us, or click here to get a quote online. |
