PROTECT WHAT MATTERS WITH LIFE INSURANCE!
Types of Life Insurance:
Term Insurance: Term life insurance is the simplest and most straightforward form of life insurance. You pay monthly or annual premiums and your family is protected for that “term.”
- Covers a family’s loss of income
- Covers short-term debts and imediate needs
- Provides additional insurance protection for children
- Can help your family pay off a mortgage or even a college education
Permanent (Whole Life) Insurance: provides lifelong protection. Like most permanent life insurance policies, whole life policies offer a savings component, called cash value, and life-long protection — as long as the premiums are paid. Because it is designed to last a lifetime, this policy will accumulate cash value and is intended to be kept over a long period of time and provides a death benefit after you die.