The five products most of our conversations come down to.
Life insurance is not one product. It is a category, and the right choice depends on what you are protecting and for how long. Here is each one, honestly.
Term life
Coverage for a fixed number of years. Generally the most death benefit per dollar, which is why it is the usual answer for income replacement and mortgage protection.
Read more → 02Final expense
Smaller permanent coverage designed around funeral and burial costs and final bills. Simplified underwriting, and some versions are issued without a medical exam.
Read more → 03Whole life
Permanent coverage with a premium that does not change and guaranteed cash value that builds over the life of the policy.
Read more → 04Indexed universal life
Permanent coverage with flexible premiums and cash value credited by a formula tied to an index, subject to caps, participation rates, floors, and policy charges.
Read more → 05Annuities
An insurance contract designed to convert savings into income for a set period or for life. A retirement-income tool rather than a death-benefit tool.
Read more →Still not sure?
That is the normal starting point. Tell an agent what you are worried about — a mortgage, young kids, a funeral bill, running out of money in retirement — and they will work backward from there.
This policy has exclusions, limitations, and terms under which the policy may be continued in force or discontinued. For costs and complete details of the coverage, call or write your insurance agent or the company.
One call, several carriers.
An independent agent can compare across the carriers we are appointed with, then explain the differences that actually matter.