Life Insurance

 

When preparing for your family's future, it's important to cover your bases. Protection can be an important key to success. 

I am dedicated to serving clients and their families with the solutions and support to help them with their long-term wellness. That's why I offer a range of flexible products to suit personal needs.  The type that  is right for your situation will take your specific goals and needs into consideration.  I am happy to review and help you find the right fit.

  • TERM LIFE INSURANCE - 
    • Term life insurance is typically more affordable than permanent life insurance. With potentially lower premium rates when compared to permanent life insurance, term life is a great way to help protect your family’s financial future. It provides you the opportunity to help save money on insurance premiums and stay on track with your financial goals.  
    • Term life insurance provides insurance for a specific period of time, which is called a term. If the worst should happen and you pass away during the term of your policy, Transamerica will pay out the full amount of your insurance coverage, known as a death benefit, in either a lump-sum payment or monthly payout.
  • WHOLE LIFE INSURANCE - 
    • ​​Regardless of your stage of life or health, Transamerica's whole life insurance products are here to help you. Whole life insurance can help protect the financial future of your family, as well as accumulate cash value you can access in case of an emergency.  
    • Whole life insurance provides permanent protection for life as long as premiums are paid. In addition to a guaranteed cash value you can access through a loan, your loved ones are guaranteed to receive a death benefit.  
    • You should expect to pay a higher premium than you would for a term life policy, but your premiums remain the same throughout your lifetime. 
  • UNIVERSAL LIFE INSURANCE - 
    • Universal life insurance is a type of permanent life insurance that provides coverage for life, as long as premiums are paid. It's made up of two parts: a guaranteed death benefit, which is money left to your loved ones, and a cash value component. The cash value earnings grow tax-deferred, meaning no tax will be due until they are withdrawn. It's flexibility on your terms.
    • Unlike term and whole life insurance, universal life provides an additional level of flexibility.
    • It allows policy owners to modify the amount and frequency of premium payments as long as there is sufficient cash value in the policy to cover monthly deductions.
    • When the insured dies, a death benefit is left to the named beneficiaries.
    • In addition to the death benefit, universal life insurance also contains a cash value. The cash value grows tax-deferred until funds are withdrawn.
  • INDEX UNIVERSAL LIFE INSURANCE -
    • Index universal life insurance can help protect your family's standard of living or help fund your child's education in the event of the death of the insured. The policy also offers options to change death benefit amounts or adjust premium payments within certain limitations.
    • When you’re planning for your family’s future, it’s important to cover all your bases. As retirement draws near, you’ll need enough money in the bank so as to not outlive your savings. At the same time, should you pass away unexpectedly, you want to help your family have the means to live comfortably. 
  • FINAL EXPENSE LIFE INSURANCE - 
    • Losing a loved one is an extremely difficult experience. Picking up the pieces while dealing with the accompanying emotions can be stressful. There are also many expenses associated with death that can, on average, exceed $8,500.1
    • Without a final expense life insurance policy, families may have a hard time coming up with these funds quickly. Final expense life insurance can help prevent families from having to withdraw from their savings or sell precious assets to come up with the necessary funds required to bury a loved one.

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