LIFE INSURANCE
Term Insurance
Whole Life Insurance
Whole Life Insurance
Term life insurance provides affordable, straightforward protection for a set period, typically 10, 20, or 30 years. If you pass away during the term, your loved ones receive a tax-free death benefit to help cover expenses such as mortgage payments, childcare, or college tuition. It's ideal for young families or anyone looking for high coverage at a low cost. Term life is often the most budget-friendly option and can be converted to permanent coverage later if your needs change.
Whole Life Insurance
Whole Life Insurance
Whole Life Insurance
Whole life insurance offers lifelong protection and includes a guaranteed death benefit, fixed premiums, and a cash value component that grows over time. This cash value can be accessed through loans or withdrawals for emergencies, education, or retirement. Whole life is ideal for those seeking long-term financial security, estate planning benefits, and stable, predictable growth. It's a great choice if you want to lock in coverage for life while building a financial safety net.
Universal Life
Whole Life Insurance
Universal life insurance is a flexible permanent policy that combines lifelong coverage with adjustable premiums and a cash value component that earns interest. As your financial situation changes, you can increase or decrease your premium payments within certain limits. The policy’s cash value can also help pay premiums in later years. This option suits individuals who want lifelong coverage and the ability to adapt their policy over time.
Index Universal Life
Index Universal Life
Indexed universal life insurance (IUL) is a type of permanent policy that offers flexibility and the potential for cash value growth based on the performance of a market index, like the S&P 500. While the cash value can grow with market performance, your policy is protected from losses due to market downturns. IULs offer tax-deferred growth, flexible premiums, and lifetime coverage—making them a strategic tool for retirement planning, wealth transfer, and supplemental income.
FAQ
Index Universal Life
FAQ
I Can I convert Term to permanent later?
Yes! Most term policies allow you to convert to whole or universal life without another medical exam.
- How much coverage do I need?
A common rule is 10–12x your annual income, but we’ll help you customize based on your goals.
What can I do with the cash value?
Borrow against it for emergencies, retirement, or college tuition—with no tax penalties.
- Is the rate of return fixed?
Yes, and many policies may also pay annual dividends.
Index Universal Life
FAQ
Can I stop paying premiums temporarily?
Yes—if your cash value is sufficient, it can cover premiums.
- Does it earn interest?
Yes, at a declared interest rate set by the insurer.
Will I lose money if the market drops?
No—your principal is protected with a 0% floor.
- Can I access the cash value later in life?
Yes—many use it for retirement income, tax-free policy loans, or emergencies.
Our Partners
