What Is Term Life Insurance?
Term life insurance is often the most affordable coverage because it offers protection for a specific number of years. You may want to purchase a term life insurance policy to:
- Get maximum coverage at an affordable price
- Cover specific financial responsibilities like a mortgage or college expenses
- Supplement a permanent policy or work policy
- Simplified Issue Term Life Insurance
- For coverage amounts below $100,000, we offer simplified issue term life insurance, with no medical exam and same-day approval.
You can buy this coverage right over the phone to
Level Term Life Insurance
For coverage amounts $100,000+, we offer term life insurance policies with premiums guaranteed not to increase for the length of the term.
Accelerated Living Benefits Rider
These benefits give you the choice to accelerate the face amount if the insured has a Terminal, Chronic, or Critical Illness .This type of policy provides flexibility and protection when you may needed the most.
Disability Insurance
Disability Insurance, often called DI or disability income insurance, is a form of insurance that insures the beneficiary's earned income. For example, in the event that you may suffer from an inability to maintain composure in the case of psychological disorders or an injury, illness or condition that causes physical impairment or incapacity to complete the core functions of your work.
If you're unable to work due to a sickness or injury, disability insurance can help you meet expenses and maintain your standard of living. It can help you pay bills like your mortgage, tuition and car payments, and help cover expenses for food, clothing and utilities. By replacing a portion of your income, disability insurance can help provide financial security until you get back on your feet and return to work.
It encompasses paid sick leave, short-term disability benefits, and long-term disability benefits. Short term disability insurance can replace a portion of your income during the initial weeks of a disabling illness or accident. Long term disability can replace a portion of your income after those initial weeks, for an extended period. Individual disability insurance can provide protection for people who do not have disability insurance available through their workplace or may be used to supplement group coverage through their workplace
Statistics show that in the US a disabling accident occurs on average once every second. In fact, nearly 18.5% of Americans are currently living with a Disability, and 1 out of every 4 persons in the US workforce will suffer a disabling injury before retirement.
Universal Life Insurance
Universal life insurance (often shortened to UL) is a type of permanent life insurance, primarily in the United States of America. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy. The cash value is credited each month with interest, and the policy is debited each month by a cost of insurance (COI) charge, as well as any other policy charges and fees which are drawn from the cash value, even if no premium payment is made that month. Interest credited to the account is determined by the insurer, but has a contractual minimum rate (often 2%). When an earnings rate is pegged to a financial index such as a stock, bond or other interest rate index, the policy is a "Equity Indexed Universal Life" contract.
Universal life offers coverage for long-range goals like paying for your kids' college, supplementing your retirement income, and leaving a financial legacy for your family, universal life (UL) insurance can be a great fit. In addition to death benefit protection, it allows you the opportunity to build tax-deferred cash value that you can access for future use (provided all applicable premiums are paid). It also includes features like flexible premium payments that can generally be paid in any amount, at any time, and even in advance, allowing your policy to adapt to you. Not the other way around.
