Protect What Matters Most – Your Family
Life insurance protects your family in the unfortunate event of your death. It can be one of the most important purchases you’ll ever make. In the event of a tragedy, life insurance can provide financial relief for your loved ones, especially if you are the sole source of income that provides for them.
Life Insurance Proceeds Can:
- Help pay bills
- Continue a family business
- Finance your children’s future education
- Protect your spouse’s retirement plans
- And much more
Types of Life Insurance
Term insurance is designed to meet temporary needs. It is very affordable when initially purchased. It essentially provides protection for a specific period of time in the unfortunate event of your death. Once the term expires, you are no longer protected. In order to financially protect your children’s education, you may only want life insurance until they graduate college. Term insurance plans are perfect for instances like these.
In contrast to term life insurance, permanent life insurance provides lifelong protection. As long as you pay the premiums and no loans, withdrawals, or surrenders are taken, the full amount of insurance will be paid in the event of an unfortunate tragedy. Due to being designed to last a lifetime, permanent insurance accumulates cash value and is priced for you to keep over a long period of time.