Protection For The Things You Cherish Most At Every Stage Of Life
Life can change on a whim. When it does we’re here to help. With our holistic approach our team of skilled advisors will help you construct an asset and financial protection plan that offers you flexibility during times when you need it most and peace of mind, so you can rest easy knowing your family is properly protected.
What We Offer
Term Life Insurance
With a term life insurance policy once the term expires, the policyholder can either renew it for another term, convert the policy to permanent coverage, or allow the policy to terminate. Term life policies have no value other than the guaranteed death benefit that is paid tax-free.
Term life insurance is attractive because it allows you to obtain large amounts of coverage for reasonably low costs. Upon the death of a parent, the significant benefit can replace lost income. These policies are well-suited for people who temporarily need specific amounts of life insurance. Coverage can be easy to obtain and may not require a blood or urine sample depending on your health history and age.
Permanent Life Insurance
Whole life insurance provides coverage for the life of the insured. In addition to providing a death benefit, whole life also contains a savings component where cash value may accumulate. These policies are also known as permanent or traditional life insurance and offer a tax-free death benefit to the beneficiaries.
The savings component can be invested; additionally, the policyholder can access the cash while alive, by either withdrawing or borrowing against it, when needed. Any proceeds withdrawn and unpaid will be deducted from any death benefit.
Universal life insurance policies provide more flexibility than whole life insurance. Policyholders have the flexibility to adjust their premiums and death benefits throughout the life of the policy. Universal life insurance also, provides a savings component, known as the cash value.
In a universal life insurance policy, the cash value earns interest based on the current market or minimum interest rate, whichever is greater. And accumulates on a tax-deferred basis. Any dividends paid can be reinvested within the policy or taken as a return of premium.
Depending on the plan you choose you can decide to take more risk in the market or take a more conservative route with the invested cash value. A universal life insurance plan gives you the option to take a more hands on approach on where the investments are being made or you can simply leave that to the investment team to decide based on your risk tolerance.
Who Needs It?
Life Insurance Needs Calculator is a tool that will help you estimate the amount of life insurance you may need for proper protection.
Ready to Talk?
Click the link below and fill out the contact form to get started. A licensed advisor will contact you directly to complete a free confidential review of your unique situation.