Life Insurance
Insurance can be confusing and it’s hard to know what you really need or want. But here are five very good reasons why you need life insurance.
TO PROTECT YOUR FAMILY AND LOVED ONES
TO LEAVE AN INHERITANCE
TO PAY OFF DEBTS AND OTHER EXPENSES
TO ADD MORE FINANCIAL SECURITY
TO BRING PEACE OF MIND
Types of Life Insurance
Term Insurance
Term Insurance is the simplest form of life insurance. It pays only if death occurs during the term of the policy, which is usually from one to 30 years. Most term policies have no other benefit provisions.
Permanent Insurance
Permanent insurance pays a death benefit whenever you die—even if you live to 100! There are three major types of permanent life insurance—traditional whole life, universal life, and variable universal life, and there are variations within each type.