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LIFE
INSURANCE
DO YOU NEED LIFE INSURANCE?
It provides protection for your family by paying for final costs, paying off debt or replacing income and giving a tax free inheritance.
TYPES OF INSURANCE
1. TERM LIFE
Term Life Insurance Provides life insurance for a specified period of time, typically 10, 20, or 30 years. Term Life Insurance is generally less expensive than permanent insurance or Whole Life Insurance, and has fixed premiums throughout the term.
2. WHOLE LIFE INSURANCE
Whole Life Insurance is considered permanent life insurance, and it remains in force for your entire life. Whole Life Insurance can build cash value over time.
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