Young Family

LIFE INSURANCE

TERM LIFE INSURANCE

Term Life Insurance provides coverage at a fixed rate of payments for a limited period of time, the relevant term. Often seen in 10, 15, 20, and 30 year terms. After the term ends, the policy will cancel and insured will have to re-apply for coverage. An affordable option.

WHOLE LIFE

Whole Life Insurance is a policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. Premiums are typically much higher than those of term life insurance where the premium is fixed only for a limited term

UNIVERSAL LIFE INSURANCE

Universal Life Insurance is a type of cash value life insurance. These types of policies offer the advantage of guaranteed level premiums throughout the insured's lifetime at substantially lower premium cost than an equivalent whole life polic.