Life Insurance

Life Insurance is one of the most important investments you can make.  I understand that no one likes to think about passing away, but life insurance can relieve you of financial worry that your family may face in the event of your passing.
   
Life insurance can help cover the costs of funeral expenses, pay off debts, pay estate taxes, and provide funding for your children’s education to name a few.  Life insurance can even be used to continue payments on your mortgage or pay off your mortgage to ensure your family can stay in their home.  
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My goal is to help you assess which life insurance options work for you and your family.  Let me review your current life insurance needs and help you design a policy to plan for the future.  I will give you all the information you need to make an informed decision.   

Individual Life Insurance Types

Term Life is usually the most straightforward and least expensive insurance option. Term life insurance provides coverage for a fixed rate and a specified period of time.  Term life is used to cover the financial responsibilities of the insured and only paid if insured were to die during the specified term.  

There are different two types of term life insurance: 
  1. Annual Renewable Term Life is purchased annually, with the death benefit to be paid only if the insured were to die during that one-year term, along with the option to renew after the term period.
  2. Level Term Life is a fixed premium for a given period of time.  Terms of 10, 15, 20, or 30 years are typical.  Fixed premiums are based on your age and coverage options.  

Whole Life is the most common type of permanent insurance.  Whole life guarantees a death benefit for the lifetime of the insured as well as a cash value account for savings. Your premium remains constant while payments over and above your premium are credited to your savings, which earn a fixed rate of interest. 
As you can see, there are many things to take into account when purchasing life insurance.  I want to make sure you have the right information to make the best decision for your life insurance needs.

Let me review your current life insurance situation and help you design a policy to plan for the future.   

​Let’s work together to give you and your family the reassurance they deserve.