Life Insurance to Fit Your Lifestyle
Replace Income.
The most common use of life insurance is to replace income following death.
Your family depends on your paycheck and without you here to work that paycheck will vanish. It's important to decide today, how many years of income you'll provide if tragedy strikes. At minimum, it's a good rule to replace 10-15 years of your annual income, but this varies on individual circumstances.
Contrary to the myth of "being over insured," each of us does have a maximum limit when it comes to the amount of insurance that we can secure against our life. This measure is called human life value. It is important to know your human life value and to secure the appropriate type and combination of insurance products to replace as much of that value for your family as your budget allows.
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Determine your "Human Life Value"
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Protect with the correct products
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Replace as much as your budget allows
Payoff a Mortgage.
Another common use of life insurance is to payoff a mortgage or payoff debt following death.
Ask any widow or widower and they'll tell you that losing a loved one is harder than they ever imagined it would be. Unfortunately, the 48% of Americans, with zero life insurance, will not only deal with emotional distress, but many will couple that with financial stress.
Having a plan to eliminate your mortgage is an important step in building a secure financial future for those you love. When considering a mortgage protection plan we recommend that you seek coverage that includes the following:
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Death from accident & sickness
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Disability caused by injury & sickness
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Critical illness including cancer, heart attack, and major illness
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Chronic illness that requires help from others
Fund Retirement.
Properly designed and funded permanent life insurance is one of the best ways to save towards your retirement.
It's recommended that you save, 10-12 times your desired annual income by the time you reach retirement age. With inflation on the rise, market performance becoming increasingly unpredictable, and Washington's relentless call for more taxes, traditional retirement vehicles are failing to keep up. Now is the time to find a better way to save.
A properly designed Tax-Free Savings Plan addresses each of these issues and sets you up for success in the future. When properly funded and managed you'll eliminate the contribution caps of IRA/Roth IRAs. You'll also eliminate the early withdrawal penalties of the 401(k), and eliminate the risk of loss that comes from your money being invested in mutual funds, stocks, and bonds. In addition when properly funded, you'll create an income stream that's 100% income Tax-Free and will last for the rest of your life. Oh, and one last thing if you happen to die before you reach retirement, a death benefit will be paid to your family in addition to the money you've saved.
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Eliminate Income & Contribution Caps
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Eliminate Market Risk
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Create Lifetime Income that's 100% Income Tax-Free
Pay Final Expenses.
The use of permanent life insurance to pay for funeral expenses, and other end of life care is more common than most people think.
On average, the cost for a basic funeral in 2021 was between $6,000-$10,000. Further, it's estimated that these costs will continue to rise. According to the 2021 National Funeral Director's price study, the average cost of a funeral has increased 6.6% over the past five years.
Thinking about this event early in life is wise, and your preparations need to include a way for your family to cover this expense. A good place to start is to consider your last wishes. Do you prefer burial or cremation? Do you want a basic or fancy casket? Do you need a grave plot and headstone? You'll also want to think about the customs within your culture and family, as these may add to your cost. Also you may need to consider family that lives out of state and determine if helping with travel expenses is necessary. Lastly, it is important that you share this plan with your family.
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Consider your last wishes
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Make a plan and share it with your family
Recent Cases
$1,000,000 of Coverage
20 Year Guarantee
No exam needed
35 yo Male
Father of 3 kids
Working as an Electrician
Just bought a new home and wants to insure that his family is protected under any circumstance.
$40.04 per month
$250,000 of Coverage
20 Year Guarantee
No exam needed
56 yo Female
Mother of 5 kids
Working as a Merchandiser
Just refinanced and is concerned that her husband would lose the home without her income.
$55.88 per month
$100,000 of Coverage
10 Year Guarantee
No exam needed
64 yo Male
Father and Grandfather
Working as a Bus Driver
Has a few more years until retirement and wants to protect his younger wife that would struggle without his income.