Life Insurance

What is it?

Whole life insurance offers a guaranteed death benefit to beneficiaries in return for consistent premium payments. Additionally, the policy builds a cash value over time, providing a savings component alongside the death benefit.

  • Whole Life policies do not expire. Whole life pays a death benefit at the time of death to a beneficiary in a tax free, lump sum payment. Whole life also accumulates a cash value that can be used during the life of the insured.

  • Qualifications depend on the individual and the company that we use. Ages 0-85 can qualify.

  • Whole life can be paid in full in 10 or 20 years, paid up at age 65, age 70, or age 100. This totally depends on the individual preference.

Mortgage Protection

What is it?

Mortgage protection insurance (MPI), often referred to as mortgage life insurance, is a specialized form of credit life insurance designed to cover the outstanding balance of your mortgage in the event of death or disability. This insurance ensures that your mortgage is paid off if you pass away or become unable to work due to a disability. MPI shares similarities with traditional life insurance and disability insurance, providing financial security for homeowners.

  • The client would need a mortgage. This protection does not have to be for the full amount of the mortgage. We can find the solution that best suits the individual needs

  • Yes!

  • Mortgage protection would pay the lump sum benefit to a beneficiary to pay the mortgage off or pay the lump sum benefit to the mortgage company.

Final Expense

What is it?

Final expense insurance, also known as burial insurance or funeral insurance, is a type of small whole life insurance policy specifically designed to cover end-of-life expenses. This policy typically caters to the costs associated with funeral services, burial, and other related expenses. Unlike traditional life insurance policies, final expense insurance offers a smaller benefit amount, making it an affordable option for individuals looking to ensure their loved ones are not burdened with financial stress during an emotionally challenging time. By securing a final expense insurance policy, you can provide peace of mind and financial security to your family, ensuring all funeral and burial costs are covered.

  • Yes. We also have guaranteed final expense policies for those who may not qualify for life insurance due to a medical condition.

  • This depends on several factors. Age and medical conditions being just 2 of those. This can be paid on a monthly basis over several years or the life of the policy.

  • This will pay a tax free lump sum death benefit to a beneficiary.