Term is the standard basic life policy that covers you for a specified period of time, such as 10, 20 or 30 years. These policies can have high guaranteed benefits and low premiums and some have conversion options.
Whole life policies vary in scope and benefits. They are in place for your whole life, guaranteeing payout if active, and can accumulate cash value and offer other living benefits. Others are used as tax deferred supplemental retirement income.
Mortgage protection is in place to ensure your family will be able to stay in their home should something happen to you. It is usually structured as a decreasing benefit term policy.
Smart Mortgage plans allow you to pay off your mortgage in less time without increasing your payment, saving you thousands in interest costs. Contact us to find out more and see if either of these are right for you.
Yes, you need life insurance. Now what type of life insurance policy you need depends on several personal factors. We strive to tailor a life solution that eases the burden should you not be around to take care of your loved ones. Insuring your life is ensuring your freedom. Sleep easy knowing you have taken care of what is most important to you. That is true freedom. Let us help you achieve this freedom.
We offer free personalized consultations aimed at finding solutions for your needs.