Life Insurance

Life insurance can help pay off your mortgage, help with college expenses, help fund your retirement, and help with estate planning.  If you have loved ones who depend on your income for support, you should strongly consider getting life insurance.  Also, the younger you are, the less expensive life insurance will be, so even if you don't have an immediate need you may want to consider purchasing a policy for the future. 

Whole Life Insurance

Whole life insurance is a type of permanent life insurance coverage designed to provide protection for your family by locking in benefits that can help pay for end-of-life expenses, as well as cash value that can be accessed in an emergency.  

Whole life coverage may be right if you:

• need coverage that doesn't require a medical exam or health questions
• have a tight budget or fixed income and need a premium that won't increase
• need coverage for burial, funeral, or other final expenses, or to pay off debts
• would like to supplement existing insurance coverage
• want to build cash value and have access to funds in an emergency

Term Life Insurance

This affordable, simple coverage helps protect your family by replacing your lost income in the event of a death.  Term life lasts for a specific amount of time and its payments will never increase.

Term life coverage may be right if you: 

• require coverage for a certain period of time, such as until your children are grown
• want to help your family maintain their lifestyle or stay in their current home if you're no longer around
• need to make sure debts, such as a car loan or credit card, are paid off
• are just entering your prime earning years and need an affordable premium

Universal Life Insurance

Universal life is permanent, flexible insurance coverage.  It includes the opportunity to adjust the premium and the death benefit, as well as accumulate cash value on a tax-deferred basis. 

Universal life coverage may be right if you:

• need coverage to protect your loved ones from the financial consequences of your death
• value the opportunity to accumulate a cash value that you can later access to pay for expenses such as college funding or emergencies
• want the flexibility to adjust your payments and death benefit amount*
• Have maxed out your IRA or  401(k) and need additional options to save for retirement

Indexed Universal Life Insurance

Indexed universal life insurance is a type of life insurance that can accumulate cash value* based on market performance. The cash value* can grow based on a market performance index, usually a broad index such as the S&P 500 or the Dow Jones Industrial Average.
Indexed universal life coverage may be right if you:

• like the idea of a policy that may help you in multiple areas of your financial plan.
• life insurance that could be considered a key part of your plan for creating a college fund or looking to diversify your retirement portfolio
• love that cash value* in your policy can usually be accessed tax-free** through a loan or by withdrawing it from your policy.
• outside of the potential cash value* accumulation, these policies offer excellent benefits on the life insurance side as well.

*The amount that may be available through loans or withdrawals, as defined in the contract.


** For federal income tax purposes, tax-free income assumes (1) withdrawals do not exceed tax basis (generally, premiums paid less prior withdrawals); and (2) the policy does not become a modified endowment contract.

All guarantees subject to the financial strengths and claims paying ability of the issuing insurance company.