Life insurance is a fundamental part of a well-rounded financial plan. Life insurance can help protect families and their standard of living in the case of an unexpected loss. There are also a number of living benefits that can be provided through life insurance.
Life Insurance Plans
It’s very important to protect the financial stability of our loved ones if something were to happen to one or both of the family’s primary bread winners. A family can continue to maintain a desired standard of living and pursue long term financial goals, even in the event of the unforeseen passing of a loved one.
Life insurance can provide income, pay for education, pay off debt or leave a legacy for beneficiaries. It’s important to not over-insure or under-insure. Our needs analysis process can help determine the proper level of insurance coverage.
There are a number of different types of life insurance. Term is generally the most affordable and covers a limited time (10, 15, 20 or 30 years). Permanent insurance provides protection for a longer period of time and can provide a number of other options (long term care riders, cash value, etc). There are a number of different permanent policies (universal life, guaranteed life, etc). It is important to meet with our representatives and complete a thorough needs analysis to determine the correct type of life insurance.
There is a no medical exam application process if certain criteria is met. If not there is a no cost paramed exam process that can be completed at the applicant’s chosen location and time.