Choosing the right financial product for your family or business can be confusing. You’ve probably at some time considered the question, "how does life insurance work?" Therefore, we’ve provided an easy-to-understand description of each product line we offer. We’ll be happy to provide you with all the details, including help with selecting the right product for you and your family.
|FEATURES||BASIC TERM LIFE||BASIC WHOLE LIFE||UNIVERSAL LIFE||VARIABLE LIFE||VARIABLE UNIVERSAL|
|Duration||1 - 30 years||Life||Life||Life||Life|
|Guaranteed Death Benefit||Yes||Yes||Yes||Yes||Yes|
|Guaranteed Cash Value||N/A||Yes||Protected from risk, but can be depleted to pay premiums||No||No|
|How Cash Value Grows (or Shrinks)||N/A||Earns interest at a predetermined fixed rate||Variable rate determined by the insurer||Subaccounts - pool of investor funds offered by the insurer||Subaccounts - pool of investor funds offered by the insurer|
|Premiums||Can increase periodically or stay at a guaranteed level for the policy duration||Level||Varies, up to the customer (subject to federal tax laws)||Level||Varies, up to the customer (subject to federal tax laws)|
|Notes||No risk of losing coverage, but no cash value when term ends||No risk compared to other permanent types, but you may find better investment options elsewhere||N/A||Risk of ending up with expensive insurance policy with little-to-no cash value|
There are a lot of factors in considering the right life insurance to choose, and we will be the first to admit that it can be confusing. However we are here for you. We want to make sure that you have only what you need, whether that is solely covering final expenses, or covering an entire mortgage, to everything in between, we will help you to understand, and make sure that your family is protected.
Good question. There are a lot of insurance agents out there and it may seem like any agent or broker is as good as another. But we are decidedly different.
Let's face it, insurance jargon can be very confusing. We know the ins and outs of the insurance business, and our inside knowledge of many companies and many products will work to your advantage. In fact, different insurance companies often charge vastly different premiums for the exact same coverage. As independent agents we are not employed by one particular company. Instead, we can select insurance products from among those companies that best address your unique concerns.
We promise to focus our attention on your benefit exclusively.
Please don't hesitate to call us with your questions no matter whether you are already a valued customer, a potential client or if you simply need expert advice. There will never be a charge for our assistance or for a friendly, no-obligation chat.