Long Term Care

Term Insurance

Term life insurance is coverage that lasts for a limited period of time, anywhere from 10 to 30 years. During this term your payments and coverage are guaranteed to remain the same. Typically, a term policy will only pay out if you die during the term.

People frequently buy term life insurance to:

• Take the place of their income so their family can maintain their current standard of living.
• Cover funeral and final expenses.
• Pay off debts that disappear over time, such as mortgages, loans and credit cards.
• Assist with child care and educational expenses.

Permanent Insurance

Permanent insurance offers lifetime coverage and a death benefit with cash value that grows over time. This can mean lifetime peace of mind for you and your family.

Get coverage with cash value.

• You’ll have lifetime coverage.
• Like equity in a home, your policy builds cash value over time.
• In an emergency, you can take out a loan against your cash value. It is critical to pay back the loan and accrued interest to help maintain the policy’s death benefit.

When you want to help your family.

• Pay for funeral and final expense costs.
• Get the additional income needed to continue their same standard of living, especially when caring for dependents with special needs.
• Provide a legacy for future generations.