If you are a…

Parent

Life insurance helps with the everyday expenses of raising a child and saving for college tuition and other milestones.

Spouse

Life insurance guarantees you’re covered for any shared expenses or loans.

Student

Federal student loans are forgiven if the borrower dies but private student loans transfer to the co-signers. Life insurance protects your loved ones from that debt.

Entrepreneur

You can name a business partner as a life insurance beneficiary. Proceeds can be used to keep the business running or buy out the deceased's shares.

Caretaker

Whether you care for an adult child, an aging parent, or someone else, life insurance helps your loved ones find new aid if something happens to you.

Many policies offer benefits that can be used by the policy holder during their lifetime.

Accelerated Death Benefit
Terminally ill patients can forgo their death benefit in exchange for a payment equal to the life insurance policy’s face value.

Portability
Take advantage of group rates and the convenience of direct billing.

Waiver Of Premium
This feature allows you keep your coverage even if you become seriously ill or disabled.

Cash Accumulation
By paying in excess of your regular premiums, some policies allow you to increase the amount of your death benefit.

Both policies provide a death benefit, but whole life policies can provide additional benefits and offer more flexibility than term policies; also, the premiums tend to stay the same for life.

There’s no ‘one size fits all’ policy that is right for everyone. The only “wrong” answer is no coverage at all.

When you take out a policy loan, you're not removing money from the cash value of your account. Instead, you're taking a loan from the insurer and just using the cash value as collateral. This is a significant benefit, as the cash value remains within the life insurance policy and continues to accumulate interest.

Infinite banking is a personal finance strategy that leverages a whole life policy as a “personal bank.” This includes taking loans against the policy and growing cash flow through the insurance’s dividends. Ask our consultants for more information.

Not all insurance companies or types of insurance require a medical exam. For example, it may not be necessary if you’re young and healthy, or if you’re seeking a low amount of coverage. If you are applying for a life insurance policy that does require an exam, it will occur after you’ve submitted your application.