Guaranteed financial security for your family through a death benefit.
Flexibility to access your money through loans and withdrawals.
No income taxes on the death benefit to your loved ones/beneficiaries.
A lower overall tax burden, allowing you to do more with your money.
Builds cash value over time — so as your life grows, your policy does too (as long as you pay your premiums).
A wide range of investment choices (within variable life insurance policies).
Of course, you want to know your family will be protected. But what else is important to you?
Read on for tips about different kinds of life insurance, or connect with a financial professional who can help you make smart choices for your needs.
Flexibility to pay premiums in different amounts or at different times, typically while earning a fixed interest rate each month, with Indexed Universal Life policies.
Greater opportunities to increase cash value by investing directly in the market, with the security of a guaranteed minimum death benefit, with Variable Universal Life policies.
A cost-effective way to insure two people, usually a married couple, to supplement your retirement income or maximize the legacy you both leave, with Survivorship Life insurance.
The ability to set aside money for the people you want to protect, with the assurance it will return as a death benefit to those who depend on you if you don’t need it, with long-term care coverage provided, required premiums are paid.
✓ Lasts for 10, 15, 20 or 30 years.
✓ Premium payment is flat.
✓ Coverage up to $1MM.
✓ Ideal for: young families who want to cover needs with a specific time horizon such as home mortgage and kids’ college.
✓ Lasts until end of life.
✓ Premium payment is flat.
✓ Coverage up to $1MM.
✓ Ideal for: families seeking life insurance plus a way to have access to funds because Whole Life accrues cash value each year.
✓ Lasts until end of life.
✓ Premium payment is flat.
✓ Coverage up to $30,000.
✓ Ideal for: seniors who want to ensure their funeral is paid for or want to leave a little something for their kids or grandkids.