Protect the Ones You Love
Having a good life insurance plan is an essential part of planning for the future. We can’t stress enough how important it is to be covered in case of a tragedy. It can be hard to think about the end of your life. The truth is, death is a part of life that everyone experiences, and it is best to plan for when the time inevitably comes.
What most people don’t realize is that life insurance really isn’t for the person that is insured — it’s for their loved ones. Far too often we see families with a huge burden of funeral expenses as well as other unforseen costs.
We are here to do whatever we can to help you avoid these terrible situations for you or your family. You can choose anything from basic final expense insurance to a term policy that pays enough to cover any outstanding debts like a mortgage, and replace your income for a period of time.
Living Benefit Rider
Regardless of the type of policy you choose, you can add a living benefit rider. This is an additional type of coverage that allows you to receive some or all of your benefits before death if you are seriously injured or diagnosed with a terminal illness.
This money can be used for end of life care, covering items that medical insurance won’t cover, or even just general quality of life improvements. Even if you cant receive all of the benefit before death, your beneficiary will receive the remainder of the policy amount when you pass.
Term Life Insurance
A term policy is an excellent choice for life insurance. Rates for term life insurance are generally lower than cash value plans, and provide a larger dollar amount of coverage. When you are approved for a term policy, you lock in a rate for the whole length of the term.
Term life insurance is great because it’s simple, straightforward, and you can get a fairly high amount of coverage at a very affordable price. Term policies vary from 10, 20, or even 30 years! Our term policies come with a return of premium rider and most plans can be converted into a permanent plan.
Universal Life Insurance
Universal life insurance is one type of cash value life insurance.You can protect your loved ones in the case of a tragedy while saving for your future at the same time. There are two parts to a universal life insurance premium. The first part is the cost of insurance — this part never changes, and is the minimum amount you must pay every month. What’s left of the premium is invested and creates the cash value of the policy.
The benefits of this plan are that the coverage is permanent and that you have a little bit of flexibility in how much you pay each month. You can also access your cash value funds at any time. These withdrawals are tax-free. Should you never need your cash value, your beneficiary will receive not only the death benefit, but the cash value as well.
Final Expense Insurance
We also offer final expense insurance at very affordable rates for those looking for a basic life insurance plan. Final expense insurance, commonly referred to as burial insurance, is a type of permanent life insurance with a lower death benefit meant to pay for end-of-life expenses.