PROVIDE Your Loved Ones Security…
PLANNING FOR ALL GENERATIONS®
Life Insurance is fundamental to a sound financial and estate plan.
Whether you are looking at life insurance to cover your family’s basic needs, or to create a business transition plan, there are several options to consider.
Term
Term Insurance is very simple and generally inexpensive. This type of insurance only pays if deaths occurs during a specific period of time.
Level Term and Decreasing Term
Level Term - The Death Benefit will remain the same for the duration of the policy
Decreasing Term - The Death Benefit drops, often on an annual basis, over the policy term.
Whole Life/Permanent
Whole Life or often called Permanent Life Insurance will pay a death benefit to your loved ones no matter when you die.
Whole - Universal - Variable - Variable Universal Life
Whole or Ordinary Life - Whole life insurance is a type of permanent life insurance that offers lifelong coverage, consistent premiums and a guaranteed return on the policy’s cash value.
Universal or Adjustable Life - Universal life insurance allows flexibility with both your premiums and your death benefit. Like other forms of permanent life insurance, universal life policies also have a cash value component that you can access.
Variable Life - Seen as a potential investment, this policy combines a Death Benefit with a Savings Account that can be invested in stocks, bonds and even money market mutual funds. If, however, these investments don’t perform well, your cash value and Death Benefit may decrease.
Variable Universal Life - This policy is a combination of Universal & Variable Life Policies. Like universal life insurance, variable universal life insurance combines a savings component with a separate death benefit, allowing for greater flexibility in managing the policy.
