A tax-free death benefits, paid immediately to your designated beneficiary without passing through probate.
	A source of supplement retirement income.
	Tax-deferred accumulation of cash values.
	Accelerated death benefit, provides a way to receive a portion of your death benefit prior to your death, if you become terminally ill.

Types of Life Insurance Policies

Decreasing term has level premiums, decreasing coverage, and no cash value. It is best suited for financial obligations which reduce over time such as mortgages or other amortized loans.

Annual renewable term has increasing premiums, level coverage, and no cash value. This policy is suitable for financial obligations which remain constant for a short or intermediate period such as income during a minor's dependency.

Whole life has a level premium, level coverage, and cash values. The cash value typically increases based on the insurance company's general asset account portfolio performance. Whole life policies are suitable for long-term obligations, such as surviving spouse lifetime income needs, estate liquidity, death taxes, and funding retirement needs.

Universal life has level or adjustable premiums, coverage's, and cash values. Cash values increase based on the performance of certain assets held in the company's general account.

Variable life and variable universal life have level or adjustable premiums and levels of coverage. Coverage's can be increased by positive investment performance. The policy owner directs cash values to a choice of investments accounts such as bonds, stock, money market, etc.

Single premium whole life are when the entire premium is paid at purchase. There are level coverage and cash values. These policies provide protection as well as being an outstanding asset accumulation vehicle.

We can help you select the best life insurance plan that meets your needs and your budget!

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