Simply put, Term Life Insurance is the most affordable way to provide a large death benefit at the lowest premium. We shop through multiple carriers to find the best rates available. Term life insurance guarantees a death benefit and premium for the length of the term, typically 10, 15, 20, 25 or 30 years.
I have awesome term life products and the premiums are better than ever. Again, term life insurance is the most cost effective way to protect your family during its most critical years.
- Traditional Term: You pay a premium for the term selected and it pays a benefit if the unfortunate happens. If you simply want protection at the lowest cost, this is likely the best route. You will have conversion options at the end of the term, but likely not at favorable rates.
- Living Benefits: Living benefits incorporate a critical and chronic illness component. Basically, it provides long term care and disability insurance into the term policy at insignificant cost differences for the benefit. While it should not replace those policies, it provides good protection for someone that may not be able to afford these policies or your employment does not offer it.
- Custom Choice Universal Term: This product provides a level term and death benefit like option 1, however at the end of the term the premium remains the same and the death benefit decreases each year. You could technically keep this policy until age 121. While unlikely, the option is there. Often times it’s my most competitive carrier. You can run a quote and see for yourself.
Did you know 8 in 10 Americans over estimate the cost of life insurance? Please click on the banner below and see if you’re one of the 8. It’s one of our most competitive carriers and its the Custom Choice Universal Term example above. It also provides a tool to help determine how much you need.
I try to provide accurate quotes for our clients to eliminate surprises. On the form below, you’ll see a variety of factors that can determine a higher rate. If you used the quote feature above, it will provide a few different rates that will be determined by the factors in the quote form below. When I provide a quote, we include the 3 options above. If you have any questions, please let us know.