LIFE INSURANCE

SEARCHING FOR A POLICY? START HERE.

TERM LIFE INSURANCE

Term life insurance provides flexible coverage for a specified period of time—usually 10, 20, or 30 years. Premiums are lower than whole life and a great choice for young families on a budget. To help protect your family in the event something does happen to you, term life is a solid and affordable option. 

TERM LIFE INSURANCE

WITH LIVING BENEFITS

Term life insurance with living benefits offers death benefit protection (up to $2 million) but also provides living benefits. These living benefits provide the option to receive accelerated death benefits—in the event of a qualifying chronic, critical, or terminal illness—while the insured is alive. This policy is a layer of protection that could prevent you from exhausting your financial resources. 

UNIVERSAL LIFE INSURANCE

Universal life insurance is a type of permanent life insurance that provides coverage for life, as long as premiums are paid. Universal life is made up of two parts: a guaranteed death benefit (money left to your loved ones) and a cash value component. The cash value earnings grow with no tax penalties until the money is withdrawn (tax-deferred), giving you the flexibility to modify the amount and frequency of premium payments (as long as there is sufficient cash value in the policy to cover monthly deductions).

WHOLE LIFE INSURANCE

Whole life insurance provides permanent protection for life as long as premiums are paid. In addition to a guaranteed cash value accessible through a loan, your loved ones are guaranteed to receive a death benefit. You should expect to pay a higher premium than you would for a term life policy, but your premiums remain the same throughout your lifetime.