Here’s the thing about Life Insurance:

Generally it will not help you if you wait for “life to happen” before you purchase it!

In this section, I’ll give you an overview of life insurance types, so you can at least begin to see how beneficial life insurance can be for the future of you and your family.

After you read through this section, we can discuss the life insurance you may need.

If you’re in a hurry, or would rather learn about the different life insurance types by phone – just call me, and I’d be happy to explain them to you.

Term Life Insurance

Term life insurance will provide temporary life insurance for a specific amount of time or “term”. It is a type of life insurance for those who know they need some life insurance protection, but are on a limited budget.

Because large amounts of term insurance can be bought for relatively low initial premiums, this is the type of insurance most suited for time-specific life goals.

You can purchase low cost convertible term life insurance with 10, 15, 20 or 30 year terms.

To see if term life insurance may be right for you – contact me at your convenience.

 

Whole Life Insurance

 

Often when I am exploring life insurance types with a family, we discover that permanent insurance may be the appropriate choice – especially if the family expects to develop long-range financial goals, rather than temporary ones.

Permanent or “Whole Life” Insurance has several distinct benefits to it, including level premiums and cash value accumulations.

Many people are surprised to learn that not only does whole life insurance provide life insurance coverage for your entire life, you are guaranteed cash value – which can provide you and your family with the money you need, when you need it.

Simplified Issue Whole Life Insurance

This is a very special life insurance type which is intended for people whose health-related problems may present challenges when trying to secure a traditional Whole Life policy.

The good news is that with Simplified Issue Whole Life (SIWL) you will not be required to undergo a medical examination nor have any blood tests performed.

Graded Benefit Whole Life

And if you find that you are not able to meet the qualifications for the SIWL plan, you still may be eligible for the Graded Benefit Whole Life plan.