Life Insurance
It’s never too late to secure the future for your family. Explore your life insurance options today.
Why Get Life Insurance?
Final Expenses
A small, affordable life insurance policy can be a good idea if you want to give your family an easy way to pay for your final expenses.
Debt
If you’re still paying off any debts, a life insurance policy is one way to protect your family from carrying that burden.
Peace of Mind
If the premium for a small life insurance policy fits into your budget, you may want it just to know your loved ones will be provided for.
What are the Different Types of Life Insurance?
This insurance policy is considered to be one of the simplest and affordable types of life insurance as it typically ranges between $30-$40 a month for a 30-year, $500,000 policy for young people in the age range of 20-30.
Whole life insurance is a type of a permanent policy that does not expire. It is usually more costly than term life insurance because it’s a permanent life insurance that endows at age 100, with extra feature. This policy might be worth the extra payment if you need the cash value to cover an emergency, or help in retirement or estate planning.
This is one of the more complex life insurance plans as it can be more flexible with changes in the cash value and the death benefit which can be attractive to some.
This insurance policy does not require those that are fairly healthy to take a medical exam, saving them time from the entire underwriting process. This policy can be more expensive when compared to other policies because there is no examination requirement.
Similar to the simplified life insurance, the guaranteed issue policy does not require you to fill out any health questionnaires if you pay a premium. This is especially beneficial for people in poor health or the elderly whose health makes it harder for them to get insured.