Insurance Protection

 

Life can change in a blink of a second. You have no idea when you'll need insurance. That's why it's so important to plan ahead.

 

Life Insurance

There's more to life insurance than taking care of loved ones if you pass away. Life insurance can also be an essential part of a financial plan. In addition to helping protect loved ones financially with a death benefit, some products can grow money on a tax-advantaged basis that can be used during one's lifetime. The ability to meet more than one need makes life insurance a product that may add valuable flexibility to many portfolios.

 

Term Life Insurance

Provides coverage for a specific length of time and provides the most payout for the money, but does not build cash value.

Term life insurance covers you for a fixed number of years, such as 1, 5, 10, 20, or 30, and pays a death benefit if you pass away during the covered time period. Most term insurance policies offer a level premium, death benefit, and the ability to convert to a permanent policy if your needs change. You can also choose coverage for current needs and add optional riders for future needs.

 

Permanent Life insurance

Provides coverage that lasts a lifetime and can build cash value that can be used while living.

Permanent life insurance is designed to provide coverage for life. Many permanent life insurance products also have a feature called cash value. This cash value has the potential to grow over time through interest credits, market returns, or dividends, providing money that can be used for a variety of needs.  Permanent life insurance products include: Universal Life, Indexed Universal Life, Whole Life, Variable Universal Life and Living Benefits.

 

Long Term Care solutions

One of the greatest potential risks faced by America's elderly is the need for long-term care. Long-term care insurance transfers a portion of the risk of long-term care expenses to an insurance company helping to protect you and your family from potentially devastating expenses. We have several strategies available customized to your needs.

 

Final Expense

Final expense insurance is designed to cover the bills that your loved ones will face after your death. These costs will include medical bills and funeral expenses. Final expense insurance is also known as burial insurance. Unfortunately, even the basic costs of funerals can cost thousands of dollars and may be a burden on your loved one's without this type of planning.