We offer three types of life insurance policies, and we help you choose the right type to achieve your personal objectives:
Term Life Insurance
The simplest form of life coverage, term insurance is simply a matter of premiums and a death benefit. The name fits, since term insurance’s coverage lasts only a specified period of time; if the insured dies while the policy is in force, the death benefit will be paid to the designated beneficiary.
Whole Life Insurance
This permanent form of coverage continues for the insured’s lifetime. Whole life policies guarantee coverage at fixed premiums that build cash value. The policy owner may use that value to keep the policy in force, or may borrow on it during his or her lifetime at a reasonable rate of interest.
Universal Life Insurance
This permanent form of life coverage offers a great deal of flexibility to the policy owner. Premium payments may be varied, death benefits may be changed, partial surrenders are allowed and cash value may be accessed either through loans or direct withdrawals.