We offer three of the most common types of life insurance.
Life Insurance
Term Life Insurance
Protecting your family is all about timing. Term life insurance is a simple, cost-effective way to offer ample coverage with affordable rates to fit most budgets. This is a popular choice for those looking to save money upfront and a great alternative to paying more for a whole life policy. There are a few key factors that are taken into consideration when determining premium costs to include age, gender, coverage goals, and lifestyle.
Final Expense Insurance
Simplified Issue Final Expense (SIFE) Insurance offers coverage that provides peace of mind. SIFE is a whole-life insurance policy that has a small death benefit ranging from $5,000 to $50,000. It is commonly referred to as “funeral insurance” or “burial insurance.” Benefits include lower coverage amounts and no medical exam; it is also appealing for seniors.
Whole Life Insurance
Whole life insurance is known as traditional life insurance that lasts for the insured’s lifetime and can be more expensive than term life insurance. A complete medical exam may be required to qualify for whole life. Unlike term life insurance, which is for a specific number of years, whole life insurance costs less and there is no medical exam in required. In addition, whole life insurance contains a savings component in which cash value may accumulate.