Strategic Partnerships
What is Life Insurance?
Life insurance can provide financial protection for your beneficiaries in the event of your death or after a specified term, depending on the type of policy. Proceeds from a life insurance policy can be used to help cover expenses such as education costs, outstanding debts like a mortgage, final expenses, or potential estate obligations.
TERM LIFE INSURANCE
Help Provide Financial Protection for Your Family
Term life insurance is generally the most cost-effective way to provide financial protection for your family in the event of your passing.
It’s a policy that covers you for a specific amount of time, or term — typically 10, 15, 20 or 30 years.
The policy is designed to pay a death benefit to your beneficiaries if the insured passes away during the term.
PERMANENT LIFE INSURANCE
Help Protect Your Long-Term Financial Goals
Universal life insurance may offer a lower cost compared to whole life insurance and has the potential for cash value accumulation. It also provides flexibility to adapt to changing needs over time, such as premium payments and death benefit options