Life & Health Insurance
Life Insurance
Life insurance policies help provide security to either you or your beneficiaries after you pass away or after a designated period of time. A life insurance policy can help secure your family’s financial future by paying for college, paying off a mortgage, covering any final expenses or estate taxes, and more. There are two main types of life insurance – term life insurance and permanent life insurance. Term life insurance simply covers you for a specified amount of time (10, 20, and 30 year policies being the most common). Permanent life insurance can be broken down into three types: universal, whole, and variable.
types of life insurance
Term life insurance can be used to replace lost income. This can provide a safety net for your family and help them meet their financial goals.
Universal life insurance offers flexible payment options, death benefits, and cash value.
Whole life insurance can be used as an estate planning tool to help preserve the wealth you plan to hand down to your beneficiaries.
Variable life insurance offers whole life protection and an investing component similar to a mutual fund.
Health Insurance
Health insurance is important for you and members of your family. Insurance helps to protect you from high health care costs, especially those related to chronic medical conditions or the need for hospitalization. Health insurance can be very confusing. There are many different health plan options and each state has different rules and regulations. Understanding your insurance will help you avoid unexpected costs and hassles.
Not sure what you need?
Contact us to learn more about what types of health and life insurance we offer and how we can best serve your needs.