Term Products
Term Life Insurance is the simplest form of Life coverage available to you. This basic Life Insurance consists of premiums and a death benefit, and is applicable for a specified period of time; if the insured dies while the policy is active, the death benefit is paid to their designated beneficiary.
Whole Life Products
Whole Life Insurance is a permanent form of Life insurance that covers the insured’s lifetime. A Whole Life policy builds cash value that you, as the policy owner, may borrow during the insured’s lifetime, and if at the time of the insured’s death there is an outstanding loan, the death benefit is simply reduced by the amount of the loan.
Universal Life Products
Universal Life Insurance is a permanent form of Life Insurance that offers the greatest deal of flexibility to the policy owner since payments may be varied, death benefits altered, and partial surrenders allowed. The cash value of the policy may be accessed through either loans or direct withdrawals.