Protect Your Family
Life insurance is your financial safety net
Life Insurance & More!
We are proud to announce the expansion of our insurance lines to include life insurance.
We have hired 2 new specialists to serve the needs of our clients in many areas including:
College Planning--$500 for college just for meeting!
Group Health Insurance
Medicare- Medicare supplements & Medicare advantage)
Long Term Care Insurance
Social Security Maximization
Life insurance rates are more affordable than you might think
The younger you are, the more affordable your rates may be*
Coverage options start at $50,000 and go all the way up to $1 million. The younger and healthier you are, the more affordable your rates can be.
What is life insurance and how it works
A life insurance policy works similarly to any other type of insurance policy. You determine how much coverage you need, how long you need it and then you make your payments (called premiums). You typically can choose to pay monthly, annually or quarterly for 10, 20, 30 years or over your lifetime to maintain the coverage. When you die, if your policy is still active, the people you’ve listed on your policy (called your beneficiaries) get paid the death benefit. In most cases, this payment is paid in one lump sum.
Different types of life insurance
Term Life Insurance
Typically gives the most bang for your buck with the most affordable premium payments and a comparable payout. As long as premiums are paid, the policy lasts the selected term length (standard options are 10, 15, 20 and 30 years).
Permanent Life Insurance
Gives a guaranteed payout no matter when you pass away, as long as you keep paying your premiums. Plus, funds can often be withdrawn from your policy. These funds are known as the cash value of your life insurance policy.
Final Expense Insurance
Offers more affordable premium payments and a lower payout amount. This type of life insurance is designed for paying off your final expenses, such as medical bills, credit card debt, funeral and burial costs, etc.