Why Life Insurance?
Life insurance is a choice that is very important. It helps you and your family maintain reasonable standard of living if something should happen to you.
There are different types of Life Insurance such as Term, Whole-life, Return of Premium and Permanent/Universal Life and so on. We advise you on the best options based on your Insurable needs and goals.
Benefits of a good life insurance policy
Almost everyone needs Life Insurance
Make Your Today’s Dreams Come True
Regardless of your age or life stage, life insurance is surely one of the most valuable financial decisions you will ever make. Life insurance is a unique financial investment that can be designed to accomplish many objectives, and it can be customized to fit very specific needs.
If you’re working hard to build your life, then find out how life insurance can provide you with security, protection and opportunities that can help you make what may be today’s dreams, tomorrow’s reality. Take the bold steps to protect yourself and your loved ones who financially depend on you. Talk to us TODAY.
Types of Life Insurance
Term insurance: Term insurance is often considered the lowest-costing life insurance, and if your insurance need is only temporary, this may be true. Term insurance premiums stay the same for only a limited number of years, however, and increases in premiums can be substantial as you age. Term insurance generally does not offer the opportunity to accumulate cash value.
Whole Life: Whole Life insurance offers guaranteed level premiums, death benefit and cash value. Policy values have the potential to be enhanced through dividends2 paid by the insurance company.
Fixed Universal: Fixed Universal life insurance offers a flexible premium with an adjustable death benefit and credits a fixed interest rate to the cash value within the policy.
Indexed Universal: Indexed Universal life insurance offers premium flexibility and an adjustable death benefit with the ability to earn interest based in part on the change in value of a major market or custom index, without directly participating in the markets.
Variable Universal life: Variable Universal life insurance offers premium and death benefit flexibility and offers the potential for securities market-type returns on the policy’s cash values.
Optional Accelerated Benefit Riders (ABRs), offered at no-additional cost, can provide access to your death benefit during your lifetime, in the event of a qualifying Terminal, Chronic, Critical Illness or Critical Injury.
These riders are available on most of our life insurance offerings. If you have a term policy and decide to convert to permanent coverage, your ABRs may be converted as well.
Once you meet the eligibility to accelerate your death benefit, there are no restrictions on how you use ABR proceeds (except in MA) and may be used for any expense, including: Medical expenses, Additional Care, Home renovations, Business Expenses and so on.
Take the steps to protect those who financially depend on you… Talk to your agent today.
How Does Life Insurance Work?
You make payments called “premiums” to a life insurance company. The company agrees to pay a specified amount to whomever you designate to receive the money from your policy when you pass away.
LIVING BENEFITS Qualifying Events
Terminal Illness: Generally, if you have been diagnosed with a terminal illness that will result in death within 24 months (12 months in some states) of certification of the illness by a physician.
Chronic Illness: A doctor has certified, within the past 12 months, that you are unable to perform two out of six “activities of daily living” for a period of at least 90 consecutive days without assistance, or that you are generally cognitively impaired. Activities of Daily Living: include - Bathing • Continence • Dressing • Eating • Toileting • Transferring.
Critical Illness: Critical Illness includes: • ALS (Lou Gehrig’s disease) • Aorta Graft Surgery • Aplastic Anemia • Blindness • Cancer • Cystic Fibrosis • End Stage Renal Failure • Heart Attack • Heart Valve Replacement • Major Organ Transplant • Motor Neuron Disease • Stroke Sudden Cardiac Arrest
Critical Injury: Critical Injury includes: • Coma • Paralysis • Severe Burns • Traumatic Brain Injury.
Want to Make Today’s Dreams Come True?
Life insurance is a unique financial tool that can be structured to accomplish many objectives, and it can be customized to fit very specific needs.
You’re working hard to build your life.
Find out how life insurance can provide you with security, protection and opportunities that can help you make what may be today’s dreams, tomorrow’s reality.