What is Life Insurance?

Life insurance is a product that is designed to help your loved ones financially when they need it the most. Not only will it provide peace of mind to your family when you can’t be there for them, it will make sure to fulfill promises you made for their future.


Two Main Types of Life Insurance

Term Life Insurance – Provides a simple and straight forward coverage for a set period of time, usually 10 – 30 years. It is usually less expensive than Whole Life providing you with an affordable option to protect your family’s future.


Whole Life (Permanent) Insurance – Offers coverage for your lifetime, provided the agreed premium is paid. Whole Life policies can be an investment opportunity since they have the potential to build equity in the form of cash value over time.


How Much Life Insurance Do You Need?

The type of life insurance policy and coverage should be based on your personal and financial needs. Some of the reasons you may consider for purchasing life insurance are:

- Your family (Spouse, dependent children, aging parents, etc…)
- Funeral expenses
- Medical expenses
- Replacement income
- An estate, mortgage, etc

Planning for life insurance doesn’t have to be an unpleasant experience. Let us help you find the right insurance coverage for you and ensure that your policy meets your needs.