Life Insurance
What is life insurance?
Life insurance can be used to provide financial security and income for those you name as beneficiary, pay any debts and final expenses, or leave a legacy for future generations or charitable organizations that you care about.
In addition to the protection life insurance offers after your death, it can also support a sound financial plan while you’re alive. Permanent life insurance gives you the opportunity to grow cash value within your policy over time, which can help you achieve your financial goals – like supplementing your retirement income or paying for your children’s education. There are two types of permanent coverage: universal life insurance and participating life insurance.
Term life insurance is well-suited to shorter-term protection needs at a lower initial cost.
Life insurance can be used to provide financial security and income for those you name as beneficiary, pay any debts and final expenses, or leave a legacy for future generations or charitable organizations that you care about.
In addition to the protection life insurance offers after your death, it can also support a sound financial plan while you’re alive. Permanent life insurance gives you the opportunity to grow cash value within your policy over time, which can help you achieve your financial goals – like supplementing your retirement income or paying for your children’s education. There are two types of permanent coverage: universal life insurance and participating life insurance.
Term life insurance is well-suited to shorter-term protection needs at a lower initial cost.
