different types of life insurance products, whole life insurance policy, term life insurance policy, diagram of life insurance types

Life Insurance Policy

The insurance protection your family needs, to ensure a secure and prosperous financial future.  Life insurance policies are meant to cover the cost of your Final Expenses if you were to unexpectedly pass away.

What Is A Life Insurance Policy Used For?

  • Final Expenses 

(Burial Needs, Cremation, Urn, Ceremonial Remembrance Services, Funeral Expenses, End Of Life Needs, Celebration of Life Ceremony, Opening & Closing of the Casket, Headstone, Casket)

  • Medical Expenses & Debt 

(Credit Card Debt, Hospice Care, Hospital Bills, Skilled Nursing Assistance, Palliative Care, Out-Of-Pocket Care Costs) 

  • Income Replacement 

(Help Pay For Everyday Expenses For Your Loved Ones When You Pass Including Rent, Food, Transportation, Child Care, Health Care, Utilities)

  • Mortgage Protection 

(Help Pay For Mortgage And All Associated Debts, In The Event, The Borrower Dies Within That Term Insurance Period)

 

  • Children's Education 

(Help Ensure Yoru Child Gets Money Towards Their Education Goals)

  • Children's Headstart

 

(Whole Life Policy For Your Underage Child, Allowing You To Cover Their Lives, And Help Them Lock In A Low Monthly Rate For Pennies On The Dollar)

LIFE INSURANCE COMPANIES WE WORK WITH

REAL TESTIMONIALS FROM OUR CLIENTS

TYPES OF LIFE INSURANCE POLICIES WE CAN HELP WITH

  • Final Expense Insurance (for individuals between the ages of 50-90 years old)

  • Guaranteed Issue (Guaranteed coverage; no medical questions asked)

  • Whole Life Policies 

  • Term Life Policies

  • Index Universal Life 

  • Guaranteed Universal Life

  • Mortgage Protection

  • Income Replacement Protection 

 

Whole Life Insurance

If you're willing to invest just a little extra to ensure you'll never have to service your "vehicle" again, then you'll be a fan of Whole Life Insurance Policies, as they allow you to hit the cruise control button. Once you've signed up with this type of policy you'll have a set lifetime premium and your family is guaranteed to receive the death benefit upon your passing. Simple and easy.

Term Life 

Insurance

Level Term Policies allowing more benefit to cover larger assets securely, for an affordable, fixed premium during the chosen term length of your choosing. 

 

Based upon age, you could also qualify to get a return of premium to recoup all money paid into the policy if you outlive that term period. Win-win!

Final Expense

Insurance

Trying to get qualified for life insurance in your later years?  Final Expense insurance is available to folks at age 55 and above and provides permanent, fixed premiums similar to that of whole life insurance.  These benefits require an underwriting and prescription drug assessment to qualify for coverage, and maximum benefits are typically capped around $50,000. 

Universal Life

Insurance 

This type of Insurance Policy is semi-permanent to permanent depending on how you structure and fund the policy over time.  With this policy you can adjust your monthly, quarterly, or annual premium payments, by paying a minimum, and up to a maximum amount at any given point to adjust the policy benefit values, which you cannot do with Whole Life insurance.

HELPFUL LIFE INSURANCE POLICY ARTICLES