Whole Life Insurance

    • Lifetime coverage: coverage is provided through the age of 121 with guaranteed level premiums until the age of 100. Coverage can’t be terminated or changed as long as the premiums are being paid.
    • Cash value accumulation: A portion of the premium payments goes towards building cash value within the policy, which grows over time on a tax-deferred basis. The cash value may be accessed through policy loans or withdrawals for various purposes, such as supplementing retirement income, paying for emergencies, or funding large expenses.
    • Dividend potential: Some whole-life policies offer a dividend to policyholders based on the company’s financial performance. The dividend may be used to increase the cash value, purchase additional coverage, receive as cash, or reduce the annual premium.

Indexed Universal Life

      • Lifetime coverage: coverage is provided through the age of 121 with guaranteed level premiums until the age of 100.
      • Cash value accumulation: the opportunity for cash value accumulation over time. The cash value grows based on the performance of a selected market index.

Term Insurance

    • Cost: Provides affordable and basic protection for temporary financial needs. Offers peace of mind for a period of time without the higher premiums of permanent insurance coverage.
    • Conversion options: allow you to convert all or a portion of the policy into a permanent life insurance policy without undergoing a medical exam. This becomes beneficial in the event your insurance needs change over time.