Life Insurance

Provides coverage for a set 10, 20, or 30-year period, making it affordable and ideal for young families or those who need temporary protection.

A permanent policy that lasts your entire life and builds cash value over time. It can serve as a savings vehicle, offering tax advantages and the ability to borrow against the policy if needed.

Combines the lifetime benefits of whole life with flexible premiums and investment components, allowing you to adjust your policy as your financial situation changes.

A smaller, affordable policy designed to cover funeral and burial expenses, ensuring your loved ones are not burdened with unexpected costs.

Many employers offer life insurance as part of their benefits package, but the coverage is often limited and may not be enough to fully protect your family. Most workplace policies only provide one to three times your annual salary, which may not cover long-term financial needs like mortgage payments, college tuition, or ongoing expenses for your dependents.

The ideal coverage amount depends on several factors, including your income, debts, financial responsibilities, and long-term goals. A common rule of thumb is to have coverage that equals 10 to 15 times your annual income. This can help replace lost income, cover outstanding debts, and ensure financial security for your family.

• Term Life Insurance: Provides coverage for a specific period (e.g., 10, 20, or 30 years) and is more affordable than whole life. It’s ideal for people who need protection while paying off a mortgage, raising children, or working toward retirement. If the term expires before you pass away, the policy ends unless renewed.
• Whole Life Insurance: A permanent policy that lasts your entire life and builds cash value over time. It can be used as an investment vehicle since you can borrow against the policy’s cash value or withdraw funds later in life.

Yes! Many life insurance policies offer flexibility to adjust your coverage amount as your financial situation changes. For example, you may start with a term life policy but later decide to convert it into whole life insurance to take advantage of cash value growth. Some policies also allow for increasing coverage over time without requiring additional medical exams.