The New Life Insurance
For the first time, life insurance is taking on a new face. A new type of life insurance is available. No longer does it offer merely a death benefit but, also offers benefits to you while you are still alive. Now, if you become critically, chronically or terminally ill, you can receive a substantial portion of your death benefit on a monthly basis or in a lump sum. You can even add disability protection to your plan. All this while still keeping a portion of your death benefit intact. It's life insurance that is truly LIFE insurance.

Term Life Insurance
Pays a death benefit and is issued for a specific amount of time, even as long as 40 years. You pay a premium on a yearly or monthly basis for the term of the contract. Although there is no cash value associated with term life policies, today many insurance carriers offer a provision for you to get your money back. The premium is generally less expensive than a Whole Life or Universal Life policy and is a very affordable option for many young families.

Universal Life Insurance
Is a type of permanent insurance that pays a death benefit and offers a cash value. Universal Life Insurance can be structured to pay an interest rate that has a fixed, guaranteed portion and a variable portion that reflects how well the company has managed it's policyholders money. The newest type of Universal Life Insurance is Indexed Universal Life Insurance (IUL). Indexed Universal Life provides participation in an assortment of indices when the investment markets are rising, however have no downside returns (the lowest return is 0%). Today, these policies are being used to supplement retirement income, save for college, and other long-term savings plans.

Whole Life Insurance
These plans offer substantial guarantees for the death benefit as well as cash value. Generally, premiums are paid for your “whole” life and guarantee the death benefit in cash at age 100. While a higher premium is required, the guarantees may become important in some situations.

When you are ready to buy an insurance policy, you can call us directly or use our Online Quote Form to get competitive life insurance quotes from the nation’s leading insurance providers.