When Coverage Matters
Make sure you are covered for all of life’s ups and downs. This means being financially prepared when life throws you a curve ball such as unexpected expenses or a sudden loss of a loved one.
When you’re shopping around for a life insurance policy, the easiest way to get started is to realize that there are essentially two kinds of policies: term life insurance and whole life insurance.
Term life insurance lasts for a specific amount of time (the “term”) and expires at the end of the policy.
Whole insurance, on the other hand, is a form of permanent life insurance.
There are more insurance plans that fall into these two categories, each with their own benefits and drawbacks.
Whole Life Insurance
Live your life knowing that you are covered with a Whole Life Insurance policy that will cover expenses, if life’s unexpected were to happen. This type of policy also accumulates a cash value throughout the life of the policy to keep you protected in more ways than one.
Whole Life For Children
Children's Whole Life insurance is permanent life insurance designed for
younger people. It allows you to give the gift of lifelong protection for a child or grandchild from 14 days old to age 17.
Term Life Insurance
Term life insurance provides life insurance coverage for a specified amount of time... Term life insurance plans are often much more affordable than whole life insurance. This is because the term life policy has no cash value until you or your spouse passes away.
Term Life Insurance With Return
A life insurance that returns the premiums paid for coverage if the insured party survives the policy's term or includes a portion of the premiums paid to the beneficiary upon the death of the insured.