Term Life Insurance
Term insurance is for a designated period of time. If bought early in life, it is very low cost. You must remember that when the term is over and you start another term period your premium will be based on your age, therefore, it will be more costly. There are many types of term insurance. Among those types are full medical underwriting for larger amounts of coverage, non medical term (limited underwriting requirements) and guaranteed acceptance with no medical underwriting for smaller amounts of coverage.
If you need any kind of coverage, from covering your family in a life changing event to protecting your home or business, please contact me.
Whole Life Insurance
No one likes to think about end of life but for us all that day will come. A funeral can cost as much as $10,000 or more. Our family will have several important decisions to make at that time. There will likely be out of pocket health care bills, other debts, burial expense, legal expenses and time off work for some family members to get our estate in order. Planning early can give us peace of mind knowing that we will not put an extra burden on our family. To help minimize the emotional and financial burden a loss to our family can bring whole life insurance may be your answer. Most people will be able to purchase some kind of whole life insurance. Level benefit plans for those with no health issues, graded benefit plans for those with some medical issues and modified benefits for those with more serious health issues.
If you are interested in learning more about how whole life insurance can fund your final wishes or you have questions please contact us.
Universal Life Insurance
Please contact us for more information.