President
Following are brief descriptions of several types of life policies that we offer. After you've taken a look, please contact us for more information on how we can tailor a insurance plan that is right for you.
Term life insurance, a limited time policy, is our most affordable insurance product. We recommend term life policies for young people, people with ongoing financial commitments (mortgage, educational loans, etc.) or for people who are only in need of temporary insurance.
Permanent life insurance provides protection for a lifetime. This type of insurance is designed to provide coverage for individuals with continuous life insurance needs. This type of policy can allow you to accumulate "cash value" in addition to your death benefits; you can borrow money (for a home purchase or your child's college tuition) against the "cash value" accumulated in your policy.
Three types of permanent life insurance (we offer others):
Whole Life
A traditional policy with premiums that do not increase in the future. The policyholder remains covered as long as the premiums are paid. Whole Life policyholders also have the option to set up the plan so that the premiums end at age 65.
Variable Life
Solid protection with the flexibility for other investment opportunities. Variable Life policyholders have the ability to adjust payment and protection levels throughout the different stages of their lives.
Universal Life
Combines all the benefits of Permanent Life with the added flexibility of enabling the policyholder to vary the amount of coverage and premium payment schedule. As the policyholder's needs change, the policy can be altered to change accordingly. Moreover, a Universal Life policy accelerates "cash-value" accumulation.
Need more information? Contact us to set up a brief introductory meeting with one of our consultants.
Tel: (828)389-1111 Fax: (828)389-6838
