Life Insurance

Term Life

Term Life Insurance is the simplest and lowest cost form or protection. Various “terms” are offered, generally 10, 15, 20, or 30 years, for which you’re protected as long as you pay the monthly or annual premium. The premiums are guaranteed not to increase for the specified term.

Whole Life

Whole Life Insurance includes a cash accumulation portion. This means part of your monthly premium go into an account earning a set interest rate. The funds grow tax-deferred and you can access them during your lifetime.

Universal Life

Universal Life policies are the most flexible permanent policy available. A portion of your payment is applied to the policy’s cash value account, where it earns interest. As the cash value of the policy grows, it can be used to lower the premium payment, or loaned from the policy.