Life Insurance Plans
We view Life Insurance as a vital way to protect those we care about most. While it may seem like just a financial decision, for me it's also deeply emotional—about love, care, and securing the future of my loved ones. In essence, life insurance taps into instinctive, profound reasons that drive millions to safeguard their family's well-being every day.
Life insurance is about taking care of loved ones.
It is about meeting responsibilities and keeping promises. If you own life insurance, it is because you view it from your family’s point of view, not your own. You see life insurance as a tool that protects your spouse and children from the potentially devastating financial losses that can result if you die prematurely.
Life insurance is for the living.
It has nothing to do with you. You know that, should anything happen to you, the life insurance you have purchased is in place to protect and provide financial relief for those who must carry on without you. It’s about them.
Should you die, the proceeds will help you keep the promises you have made to those people who are important to you.
By protecting their financial future, you’re enabling your loved ones to maintain their lifestyle, if something unexpected should happen to you
Life insurance buys time and options.
Too often, when an income earner dies, survivors are forced to make tough, dramatic decisions—and to do so quickly—at a time when they may not be emotionally in a position to make good choices. Life insurance gives survivors a chance to adjust over time rather than need to look right away for a downsized home or new job. Your life insurance gives your family choices by providing the benefits to help pay off debts; to help meet housing payments, and ongoing living expenses; to help fund college educations for your children or grandchildren; and more.
Life insurance provides cash when it’s needed most.
Your life insurance policy can deliver a specified sum of money at the exact time of need. Upon your death, your family can be assured that the amount you have chosen—perhaps hundreds of thousands of dollars; maybe even millions—will be there almost immediately. And that death benefit is generally not subject to federal income taxes. For example, a $500,000 policy provides $500,000 in death benefit proceeds.
Life insurance is an expression of love and caring.
Because you care about your family, you want to ensure their financial security if you’re suddenly not around to do so. Don’t have life insurance? Not sure of how much life insurance you need? That’s what I’m here for.
And let us help you SECURE your future and the future of your loved ones.
Life Insurance Products
We offer a range of Life Insurance solutions designed to meet your unique needs: from Whole Life Insurance with fixed premiums and a guaranteed death benefit, to Term Life Insurance providing affordable, temporary coverage; as well as Guaranteed Universal Life Insurance that offers flexible premiums and cash value growth, and Variable Universal Life Insurance which combines protection with potential investment gains.
Whole Life Insurance
Whole life insurance is a contract designed to provide protection over the your entire lifetime. There are many types of whole life policies, but probably the most common is ordinary level premium whole life insurance, or simply ordinary life (or “straight life,” “traditional whole,” or” continuous premium whole life”).
This type of contract features level or fixed premiums as long as you can keep the policy for the rest of your life. The death benefit remains level throughout the lifetime of the contract. Insurers invented the level premium concept to make the life contract affordable for as long as you decide to keep it.
Not sure if this is the right type of policy? Give me a call now to find the best solution for you!
Term Life Insurance
Term life insurance provides you coverage at a fixed rate of payments for a limited period of time. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and you must either forgo coverage or potentially obtain further coverage with different payments or conditions.
Should you pass away during the term, the death benefit will be paid to the beneficiary that you choose. Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.
Guaranteed Universal Life Insurance
Universal life insurance policies provide the flexibility to build your policy’s cash value or focus more on guaranteed protection.
Guaranteed Protection lets you choose, within limits, the length of the protection guarantee and the premium payment schedule up front — both are then guaranteed not to change so long as the premiums are paid as planned.
Cash Value Accumulation grows through crediting interest rates. Cash value will grow tax-deferred and can be withdrawn or borrowed from the policy. It also allows you to change, within limits, your premium payments and death benefit.
Indexed Universal / Universal Life Insurance
Variable universal life insurance combines life insurance protection and an investment opportunity in one product. With the ability to invest in professionally managed investment options, you can potentially accumulate cash value while providing your family with death benefit protection.
Death Benefit Guarantee Options. Variable universal life insurance policies offer a rider, at an additional cost, that guarantees a minimum death benefit regardless of investment performance, for a set period, as long as the guaranteed minimum premium requirements are met.
Access to Cash Value. The cash value and liquidity of variable universal life insurance may help finance your child’s education, purchase a vacation home or pay for rising health care costs. You’ll have access to your cash through loan and withdrawal options.
A variable universal life insurance policy’s combination of protection and investment options can be a great option for those who are looking for insurance protection and are comfortable with investment risk.
Mortgage Protection
Mortgage protection is a strategy for using life insurance on the homeowner to provide money to the family to pay the mortgage and keep the house if something happens to that homeowner. Many of these policies cover not just death, but critical illness and injury as well.
Imagine Dad dies in a car accident. His policy pays $400,000 to his family, which they can use to pay off the mortgage and keep the house free and clear after he and his income are gone.
Imagine Mom develops life-threatening cancer. Her policy pays $50,000, which she uses to pay the mortgage and other household bills while she's going through treatment.
These plans must be tailored to each family's needs and budget, and we specialize in creating custom solutions.
Business Life Insurance
There was a time when business owners thought of life insurance solely as a way to protect their families in the event of their passing. However, in today’s world, life insurance has become a vital tool for securing the future of a business. Whether it’s ensuring a smooth transition with a buy-sell agreement, protecting against unexpected losses with key person insurance, or planning for business continuation, the right coverage can provide stability and peace of mind. Just as life insurance protects your loved ones, it can also safeguard your business, and we are here to help you find the right plan to keep what you’ve built secure.
Business Continuation
One of the first things any business owner needs to consider is how to protect against events that may threaten the future of the business, like the death or disability of a proprietor, partner, or key employee.
Buy-Sell Agreements.
Life insurance also can be structured to fund a buy-sell agreement. This is a contract among owners to buy a deceased owner’s share of the business at a previously agreed-upon price in the event of death, disability, or retirement.
Why are these agreements so important? You might think that if you die, your family could maintain their income by running the business themselves or by hiring someone to handle the day-to-day management. The fact is, your loved ones may not have the skills or the desire for the job, and your co-owners may not welcome the idea of an unintended partner. With a properly structured and funded buy-sell agreement, your business partners won’t have to scramble to come up with the money to buy out your share of the business, and you’ll be guaranteed that your survivors will be compensated fairly and promptly.
Buy-sell agreements are typically funded by Life Insurance Policies purchased on the lives of each of the business owners. The amount is usually specified in a contract created with the help of an attorney. You can enter into a buy-sell agreement at any time, but it often makes sense to do so when a business is formed or when new owners are brought into the business. Because business values can fluctuate, it’s important to review the contract with your accountant at least once per year or to include a calculation method in the agreement. Also be sure the insurance coverage funding the agreement is up to date.
Business owners can also insure against the risk of becoming disabled and unable to work. In this case, disability income buyout insurance would fund the buy-sell agreement, allowing the disabled owners to be bought out, typically after a one-year waiting period
Key Person Insurance
Key person insurance is another essential component of a smart business continuation plan. Key person insurance is life or disability insurance purchased by the business on such an employee and payable to the business. When a key person dies or becomes disabled, insurance can help make up for lost sales or earnings or cover the cost of finding or training a replacement.
Final Expense
We offer Final Expense Insurance to help ease the financial burden on your loved ones when the time comes. This coverage ensures that funeral costs, medical bills, and other end-of-life expenses are taken care of, so your family doesn’t have to worry during an already difficult time. Whether expected or unexpected, planning ahead provides peace of mind, knowing your family will be supported. Let’s find the right plan to fit your needs and budget.
Let's Look at the facts
Someday, we will all die. Everyone knows a story about someone who died, whether it was expected or unexpected.
Many people die much sooner than expected. Everyone knows a story about someone who died at a time that was “too soon”, and/or someone who died in a way that was completely unpredictable and unexpected.
Someday, we will all need to plan a funeral. At some point in our lives, whether directly or indirectly, we will all be faced with the difficult emotional and financial decisions of planning a funeral.
One of the main reasons that you will want to make sure you purchase final expense insurance is to give your family money when you pass away. You will need to make sure that your family can pay for things like your burial and your funeral.If you already have money saved up for these items, having this type of coverage might not be that important. For those who do not have the money saved up for these items, having this type of coverage will be imperative
If you do purchase this type of coverage, you will also be giving yourself a little bit of peace of mind. It would be nice to know that your family will be taken care of when you pass away, even if just financially
If you purchase a final expense insurance policy, you can be sure that your family will be taken care of the way that you want them to. This will be very important since you will no longer be there for your family like you would want to be.