You have worked hard to establish a comfortable home and lifestyle for your family. Make sure it is protected. In the event of your death, will your family be left with the burden of paying a mortgage they may no longer be able to afford? Mortgage Protection Insurance will give you the peace of mind in knowing that money will be available to help pay off the mortgage if you die, or assist with mortgage payments if you suffer a disability.
Benefits can include:
Term Life is pure protection for a specific period of time. During the term of the policy, your premiums will not increase. Term Insurance can offer the most protection for the smallest premium.
Whole Life Insurance offers permanent lifetime coverage. It is a little more expensive that Term because there is no ending date. You may keep this protection as long as you want, and it builds cash value during the life of the policy. Whole Life premiums do not increase. Whole life policies may include terminal illness accelerated benefits
Children’s Whole Life
Parents or grandparents can purchase a whole life insurance policy for a child at a very low cost. When the child reaches adulthood, the policy may be turned over to them and added on to with NO underwriting.
Accidents happen every day, so it’s important to protect your family and your investments.
Planning ahead will help your loved ones focus on the life you lived, and not have to worry about the financial burden of your final expenses. .