Frequently Asked Questions

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You make payments called "premiums" to a life insurance company. The company agrees to pay a specified amount to whomever you designate to receive the money from your policy when you pass away.

Whole Life is called permanent life insurance, it is designed to provide a lifetime coverage.

1. The premiums and coverage amount do not change it's designed to remain the same over the lifetime of the policy 
2. You have the potential to build cash value that is tax-deferred
3. When you pass away, your beneficiaries will receive the amount of the death benefit, minus any outstanding loans and loan interest that may be due on the policy

Term Life insurance is designed to provide financial protection for a specific term from five to thirty years.

1. It’s usually renewable once the term has expired, although the premium is likely to increase significantly
2. It provides a death benefit if you die within that defined term, it does not accumulate cash value
3. It generally allows you to purchase a higher death benefit that's more affordable 

Universal life insurance is a type of permanent life insurance designed to provide lifetime coverage and it will accumulate cash value

• There are three ways the cash value will earn interest: 
  1. Fixed - appeals to those who want to know what they will earn
  2. Variable - appeals to those with a higher risk tolerance 
  3. Indexed - appeals to those with a high risk tolerance, but not to crazy!

Different from the whole life insurance, the universal policies are flexible, you'll have the options to increase or decrease your premium payment and/or coverage amounts throughout your lifetime.

We offer a range of insurance products including life, health, accident and medicare supplemental plans.

Your insurance premium may be affected by factors such as your age, driving record, credit score, and the type of coverage you choose.

The amount of coverage you need depends on your individual circumstances. it's essential to assess your assets, liabilities, and potential risks to determine the appropriate coverage amount.