What type of life insurance do I need?
Life insurance falls into two main categories: TERM Insurance and PERMANENT Insurance. Both types of policies pay out tax-free upon death to a beneficiary of their choice.
When you hear term, think “temporary.” Term insurance is used to cover temporary needs such as protecting a mortgage balance, or covering your income while financial dependents remain in your home. Term insurance provides coverage for a period of time usually, 10, 20, 30 years, or to age 65. Premiums are level until the policy renews. Generally, term insurance isn’t carried into the retirement years.
Life insurance used to cover permanent needs, such as final expenses, or taxes upon death. Permanent insurance has relatively higher premiums than term insurance, however, the premium for most permanent policies remains level for the life of the policy. There are also options to have premiums for the policy paid up in as little as 10 years.
How do I get a life insurance quote?
We like to keep things simple. Fill out our quoting tool below to generate your personalized life insurance quote. We only require a few questions to be answered such as coverage needed, name, age, smoking status, email and voila, a customized quote will be delivered. An in-house licensed advisor will call you promptly to ensure you’ve chosen the right amount and type of life insurance coverage, and then assist you in placing the policy with the company of your choice. All rates are based on average health.