Life
Insurance
If you have a family
to protect, a sound
life insurance
program is the
perfect solution.
There are two basic
types of life
insurance needs:
temporary and
permanent.
Temporary
needs include home
mortgages or
short-term debt
reduction, family
income and
educational expenses
and can last as
little as one year
or last 20 to 30
years or longer.
Term insurance is
the most cost
effective method of
insuring many
short-term needs.
There are a variety
of plans to choose
from, ranging from
an annual renewable
term (1 year plan)
to a level term plan
that could last 5,
10, 20 or 30 years.
Permanent
needs include those
that last for your
entire life or
potentially for
periods of 15 years
or more. Permanent
insurance needs
include final
expenses, funds the
cover estate taxes
and retirement
savings protection.
Permanent and
universal life plans
are ideally suited
for meeting these
goals.
The primary purpose
of life insurance is
to provide cash for
your family in the
event of your death
to ensure that they
can remain in their
home and continue to
maintain an adequate
standard of living.
There are a number
of factors that
determine the cost
you pay for life
insurance including:
-
Age
-
Health
-
Tobacco use
-
Occupation
-
Hobbies
If you are
interested in
obtaining more
information or a
quote,
contact us.
