Individual Products
- Life Insurance
A New Way to Think About Life Insurance
Life insurance is about providing for loved ones who must continue without you.
When all of its benefits are provided to a growing family, life insurance gives you peace of mind. It helps your family address four major needs:
Income Continuation
You want the people that rely on you to maintain their established pattern of living. Life insurance can help you just that.Questions to consider: What is your family’s desired monthly income (between 50 and 80 percent of total income is suggested)?
Mortgage Fund
A well-tailored mortgage fund can guarantee that your family can stay in their home.Questions to consider: How much is needed to pay off the balance of your mortgage?
Immediate Cash Needs for Liability
Life insurance assures that your family will not suffer unforeseen economic consequences when you die.Questions to consider: What amount is needed to pay off credit cards and loans? How much should be reserved for extraordinary medical expenses (5 to 10 percent of annual income is suggested)? What about other expenses such as funeral costs and probate fees?
- Education Fund
Parents know their children pay a price for not having a sound education. Life insurance can provide for education funds, even in the event of your death.Questions to consider: How much will be needed when you child is ready to enter college?
Before determining the life insurance amount that's right for you and your family, an agent can sit down with you and help you sort through these questions then recommend a plan that is right for you.
Contact an Agent for a free consultation.