Life insurance policies help provide security to either you or your beneficiaries after you pass away or after a designated period. With a life insurance policy, you can help secure your family’s financial future by paying for college, paying off a mortgage, covering any final expenses or estate taxes, and more.
Not sure where to start?
There are two (2) main types of life insurance: term life insurance and permanent life insurance.
Term life insurance simply covers you for a specified amount of time (10-, 20- and 30-year policies being the most common).
Permanent life insurance can be broken down into 3 types: universal, whole, and variable.
Protect Your Family's Future with Affordable Life Insurance
Term life insurance is typically the most affordable option to protect your family if something happens to you.
It’s a policy that covers you for a specific amount of time, or term — typically 10, 15, 20 or 30 years.
You make premium payments during the term you’ve selected, and your insurer will pay a death benefit
Safeguard What Matters Most with Permanent Life Insurance
Universal life insurance is more affordable than whole life insurance and can offer cash value growth, along with features that can give you flexibility as your needs change over the years.
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Neither Phoenix Financial Partners nor its agents may provide tax or legal advice. Anyone to whom this material is promoted, marketed, or recommended should consult with and rely on their own independent tax and legal professional regarding their particular situation and the concepts presented herein.
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