Life insurance is a powerful way to protect the people you love. Whether you want short-term coverage or lifelong protection with cash value, we help you choose a policy that supports your goals, strengthens financial security, and fits your budget.
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Life insurance is a safety net designed to provide financial security to beneficiaries in the event of the policyholder’s death. By paying a death benefit, life insurance can help cover expenses such as funeral costs, outstanding debts, or lost income, ensuring that loved ones are financially supported.
With various types of life insurance available, choosing the right policy can be complex. It’s important to partner with a knowledgeable life insurance agent to help you make the right choice for your future.
Life insurance is one of the most important ways to protect your family’s financial future. Whether you’re looking for temporary coverage or lifelong security, these FAQs explain how each policy type works and what to consider before enrolling.
The most common types are Term Life, Whole Life, and Universal Life. Term Life covers you for a set period, while Whole and Universal Life provide lifelong protection and can build cash value.
The right amount depends on your financial goals, income, debts, and dependents. Many people choose coverage that equals 5–10 times their annual income to protect family needs and future expenses.
Term Life offers affordable protection for a limited time — ideal for covering a mortgage or income replacement. Whole Life costs more but lasts for your lifetime and includes a savings component that grows over time.
Yes. Many insurers offer simplified or guaranteed issue policies that don’t require a medical exam. Our advisors can help you explore which options work best for your situation.
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As with all insurance, there are many different types of life insurance plans:
Indexed Universal Life Insurance (IUL): IUL insurance is a type of permanent policy where the cash value’s growth is tied to a stock market index, such as the S&P 500. Policyholders can benefit from market gains, up to a capped rate, while avoiding losses due to a guaranteed minimum interest rate.
Final Expense Insurance: Final expense insurance, also known as burial or funeral insurance, is a type of whole life policy designed to cover end-of-life expenses, such as funeral costs and outstanding medical bills.
Term Life Insurance: Term life insurance provides coverage for a specific period, such as 10, 20, or 30 years. If the policyholder dies during this term, the beneficiaries receive a death benefit. If the term expires, the policyholder typically has the option to renew, convert to permanent insurance, or let the coverage lapse.
Universal Life Insurance: Universal life insurance is a flexible form of permanent insurance that allows policyholders to adjust premiums and death benefits. It also has a cash value component that earns interest.
Variable Life Insurance: Variable life insurance is a type of permanent policy that allows policyholders to invest the cash value in various investment options such as stocks, bonds, or mutual funds. The death benefit and cash value depend on the performance of these investments.
Whole Life Insurance: Whole life insurance is a type of permanent insurance that provides lifelong coverage as long as premiums are paid. It also includes a cash value component that grows tax-deferred over time.
Enrollment for life insurance can vary depending on the type of policy and the provider. Here are the common scenarios:
Employer-Provided Life Insurance: This insurance is often offered as part of a benefits package, with enrollment typically occurring during the employer’s enrollment period. Some plans allow enrollment upon hiring or during a qualifying life event (i.e., marriage, birth of a child).
Guaranteed Issue Policies: These policies do not require a medical exam and are often available year-round. However, they may have higher premiums and lower coverage limits.
Individual Life Insurance: You can apply for individual policies at any time, though acceptance and premiums depend on factors like age, health, and lifestyle. To secure lower premiums, it’s generally advised to enroll when you’re younger and healthier.
Special Enrollment Opportunities: Some providers or circumstances, such as group policies through associations, may offer limited-time enrollment windows.
Understanding these options ensures you don’t miss the chance to secure the right coverage for your needs.
When selecting a life insurance policy, consider the following:
Budget: Assess your ability to afford premiums both now and in the future
Coverage Needs: Calculate the amount of coverage required to meet your family’s financial needs
Financial Goals: Determine whether you need temporary coverage (term) or lifelong protection (permanent)
Health & Age: Younger, healthier individuals typically qualify for lower premiums, so it’s an opportune time to invest
Investment Preferences: If you want to build savings or invest, explore policies with cash value components
More Ways to Plan Ahead
From healthcare and life insurance to financial planning and beyond — explore a range of coverage options designed to meet your goals. Our advisors help you compare plans and find the ones that fit your lifestyle, budget, and peace of mind.
Annuities provide a reliable income you can’t outlive. We help you compare fixed, indexed, and variable options that protect savings, build steady cash flow, and strengthen your retirement foundation, giving you long-term stability, security, and confidence.
Planning for future care is a smart financial move. Long-term care insurance helps cover in-home support, assisted living, or nursing services, protecting your freedom, reducing stress on the family, and helping preserve your long-term stability and savings.
Final Expense insurance helps protect your family from unexpected costs. It covers funeral expenses, medical bills, and remaining debts, ensuring your loved ones aren’t left with financial stress and can focus on what matters most during difficult times.
A critical illness can disrupt your life and finances in unexpected ways. This coverage pays a tax-free lump sum after a covered diagnosis, helping you manage medical bills, support recovery, and cover essential expenses with less stress and stronger financial stability.
Home Health Care coverage offers reliable access to skilled nursing, therapy, and daily living help delivered at home. It supports recovery, manages ongoing health needs, and promotes long-term independence with convenient, personalized care you can trust in.
A strong retirement plan turns savings into lasting security. Our agents build strategies for steady income, tax efficiency, and asset protection, helping you approach retirement with confidence, stability, and long-term peace of mind that supports your goals.
