Life insurance protects against economic loss in the event of a death, by paying a death benefit to the beneficiaries of the policy once the policyholder dies. This death benefit provides financial security by replacing lost income or paying final expenses such as funeral costs.
Term Life Insurance
Term Life insurance offers financial protection for a specified period of time, known as the term. Term policies typically provide coverage for one, five, 10, 15, 20 or 30 years, or until a specific age
Universal Life Insurance
Universal Life insurance is a hybrid policy that combines a death benefit with an investment component.
Variable Life Insurance
Variable Life insurance combines a death benefit with a savings account or cash value that can be invested in stocks, bonds and money market mutual funds.
Whole Life Insurance
Whole Life insurance remains in force during the entire lifetime of the policyholder and offers a guaranteed death benefit as well as a guaranteed cash value.
Cancer Care Insurance
Cancer Care insurance helps to offset some of the costs associated with cancer treatment and recovery. These include hospital confinement, an ambulance to and from the hospital, Intensive Care Unit confinement, radiation and chemotherapy, surgery, a second surgical opinion and disability income. Some policies also include a death benefit.