Life Insurance

Life Insurance

If people depend on your client financially, such as a spouse, children, a business partner or elderly relatives, having life insurance can protect them if they can no longer depend on your client’s earnings.

Our Life Insurance Partners

Medicare Guidance

Life Insurance

Life insurance is a contract to provide a measure of financial security for your family after you die. The three main components of the life insurance contract are a death benefit, a premium payment and, in the case of permanent insurance, a cash value account. You pay now so after your death, your dependents can continue with their lives comfortably without the burden of the loss of household income. When purchasing a insurance policy, consider your financial situation and the standard of living you want to maintain for your dependents or survivors. 

For example

who will be responsible for your funeral costs and final medical bills? Would your family have to relocate? Will there be adequate funds for future or ongoing expenses such as daycare, mortgage payments and college? It is prudent to re-evaluate your insurance policies annually or when you experience a major life event like marriage, divorce, the birth or adoption of a child, or purchase of a major item such as a house or business.