Life Insurance provides financial protection for beneficiaries in the event of the policyholder’s death, offering a lump-sum payment or periodic income to cover expenses. There are two main types of Life Insurance, Term Life and Permanent Life Insurance. Term Life Insurance provides coverage for a specific period, typically 10, 20, or 30 years, offering a death benefit if the insured passes away during the term. Permanent Life Insurance, such as whole life or universal life, offers coverage for the insured’s lifetime, along with a cash value component that accumulates over time.
Some of the companies we work with to provide Life Insurance:
- Allianz
- North American
- Midland National
- Principal
- Mass Mutual
- Penn Mutual
- Transamerica
- Protective Life
- Nationwide
- Prudential
- Pacific Life
- 1891 Financial Life
- National Western