Investing In Your Tomorrow, Today.
Life Insurance
Life insurance can be purchased in 3 broad categories: term life insurance, whole life insurance and universal life insurance. Each type of life insurance has specific benefits associated to it.
Term Life Insurance
Term life insurance is the most basic type of life insurance, and as the name implies, it is bought for a ‘term.’
One of the most prevalent uses of term life insurance is providing funds to pay off a specific term debt such as a mortgage or loan.
There are numerous types of term life insurance, each with its own set of terms and conditions, guarantees, and so on. As with any financial services product, it is advisable to conduct research and obtain professional guidance to ensure that you acquire the optimal product for your circumstances.
We use many tools to help ensure we are providing the client with the correct amount of life insurance. A life insurance needs analysis can be completed to arrive at an amount of coverage that will help your surviving family with their financial responsibilities.
Watch this short video that explains some of the pitfalls of mortgage insurance.
If you want to learn more about term life insurance, please contact our office.
