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Compare Life Insurance Options

How do you choose the right life insurance for you?

The right life insurance for you depends on your individual circumstances. How to choose? We’ve gathered some information to help you work through the options, based on what level of coverage you need and what level of premiums work with your budget.

Pick Your Coverage
Universal Life Insurance
Term Life Insurance to 95+
Preferred Whole Life Insurance
Simplified Issue Whole Life Insurance
Graded Death Benefit Whole Life Insurance
Transitional Life Insurance
Single Premium Whole Life Insurance
Easy Monthly Payments
X
X
X
X
X
X
Perfect for Funding College Education
X
X
X
Accumulates Cash
X
X
X
X
X
X
Guaranteed Level Premiums
X
X
X
X
X
X
Estate Tax Planning
X
X
X
X
Excellent Alternative to a CD
X
Combination of Term and Permanent Insurance
X
Great Product for Kids
X
Provide Inheritance for Heirs
X
X
X
X
X
X
X
Long Term Care Needs
X*
X*
X*
X*
Temporary Insurance
X
Lifetime Insurance
X
X
X
X
X
X

*A Long Term Care rider can be added to any of these plans to help cover costs incurred at nursing homes, assisted living facilities and home health care. We believe you will find the cost of a Long Term Care rider to be less expensive than that of a traditional long term care policy.

There’s a policy to fit every situation

Wondering what things to consider as you choose a life insurance policy? Here are a few hypothetical situations to help you think about what kind of policy would be best for your situation.

Just getting started
Josh and Sara are a young couple expecting their first child.  Money is a little tight now, but they expect to be more financially comfortable in a few years as they pay off their student loans and advance in their careers. They know it’s important to have protection now just in case something happens, and they’d like a plan that offers a paid in full policy at retirement time. One good option would be Transitional Life Insurance. It provides low cost term insurance now which would provide the financial support necessary for the surviving parent and child. Additionally, it provides a paid-up policy at the end of the term insurance period to cover final expense. Learn More

Looking out for the grandchildren
John and Marie have been fortunate. John made a very good living, and Marie was able to stay home with their three children. Now, after retiring, they’re wondering how they can leave a legacy for their children and grandchildren. They’d like to pass on a death benefit to each of their children and grandchildren, but they’d like it to be tax-free. The Single Premium Whole Life Insurance policy would be a good option for John and Marie. Learn More

Young business owners
Jamal and Traci started their own business and it’s going very well. Universal Whole Life is a good fit for them, because it protects them both, as well as their business in case of anything happening to one of them. Any of the whole life options would also be good possibilities.
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Tight budget
Cindy is a single mother with two children. She understands the importance of having life insurance to provide for her children’s needs, but doesn’t have enough income to purchase as much as she’d like. Fortunately, she can afford to purchase a high level of protection using term life insurance. This kind of policy doesn’t build value, but it does provide a larger payout for a smaller monthly cost than other forms of life insurance. Learn More

Protection and savings
Pete and Karen always knew they should get life insurance, but they kept putting it off. Now, in middle age, they’re concerned that they may have left it too long, and they’re afraid they might not be approved. Preferred Whole Life Insurance or Simplified Issue Whole Life Insurance would be good options for them.
Learn More

Need more information?

Talk to your agent about the best options to suit your individual situation. Need an agent?

 

 

Call Toll-Free 1-800-322-0160