Life Insurance

familywalking_420x315Buying life insurance is an easy way to protect your family. We will help you get the coverage you need.

The most precious thing everyone has is life itself. Buying a life insurance policy is an easy way to protect your family in the event of death.

The most precious thing everyone has is life itself. Buying a life insurance policy is an easy way to protect your family in the event of death. It can help soften the financial blow that so often accompanies the loss of a loved one, especially an income earner. A life insurance policy also can be purchased as an inheritance to be left for those you cherish most.

How big a life insurance should you purchase? It depends on what you wish to accomplish. Our experienced agents will work with you to define your needs or goals, and will help determine the right type and amount of insurance to meet those goals.

Basically, life insurance policies can be divided into two types – term life and whole life. Understanding the differences will help you make the best possible decision when purchasing life insurance. With both term or whole life insurance, you can lock in a regular monthly payment for duration of the policy.

Term Life Insurance – A policy that simply covers life. Upon the death of the insured person it pays the face amount of the policy to the named beneficiary. It can be purchased for terms of one year up to thirty years.

Whole Life Insurance – A policy that combines a term-life benefit with an investment component. The investment may be in bonds, money markets or stocks. A whole life policy builds cash value that the insured can borrow against. As such it also works as a savings/retirement plan for many people.