LIFE INSURANCE
Like it or not, death is inevitable. Why not be prepared so your loved ones have less burden when you pass.
Reasons For Having Coverage
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Cover burial and other final expenses
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Help replace lost wages
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Transfer wealth
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Help pay off the mortgage
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Supplement retirement income
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Pay for estate taxes or create estate liquidity
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Provide funds for college education
Life Insurance Options
There are few options in life insurance. We recommend purchasing insurance for where you want to be in 25-30 years.
Permanent: This policy is forever and has a cash value accumulation feature that grows over time, similar to a savings account. It is more expensive, but provides more definite coverage.
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Term: A temporary policy planned geared toward younger people. It covers you for a period of time, usually 10, 20 or 30 years. Most people outlive this coverage.
