Life Insurance

It’s a contract with an insurer. You pay regular premiums, and if you pass away while the policy is active, your beneficiaries get a lump sum to cover expenses and help maintain their lifestyle.

Life insurance falls into two main categories:

• Term life: Covers you for a set number of years. Affordable and straightforward.

• Permanent life: Covers you for life and builds cash value you can use later.

There are different kinds of policies of each type, designed to meet the needs of a variety of people. We can help you figure out which policy is best for your life and goals.

Absolutely. It can help pay off debts, cover estate taxes, support charitable goals, or even fund college. It’s flexible protection for your family and legacy.

If people rely on your income, life insurance helps make sure they’re taken care of if something happens to you. It can cover bills, your mortgage, and even college costs.

For the most part, although it is easier to get approved the younger and healthier you are. Some policies are “guaranteed issue” with no medical exam required, but these policies usually have lower coverage limits and higher premiums.

A good rule is to cover debts, income replacement, mortgage, and education costs. We’ll help you figure out the right amount based on your family and goals.

First, we help you pick the right coverage and type. Then you apply, share some health and lifestyle info, and possibly will take a medical exam. Some policies don’t require an exam at all.

After buying a policy, most states give you a short window - usually 10 days - to review it. If you decide you don’t want to move forward, for whatever reason, you can cancel for a full refund within that time frame.

Yes! In fact, you should adjust your coverage to make sure continues to fit your life and needs. We check in with our clients every year to see if they might need to update coverage, add riders, or change beneficiaries.

A death benefit is the lump sum of money your life insurance policy pays to your beneficiaries when you pass away. Think of it as a “financial safety net” your loved ones can rely on after you’re gone.

A beneficiary is someone that gets the death benefit (cash payout) when you pass away. You can choose one or more people to be beneficiaries, a trust, or even a charity. You can also split the payout however you like.

Typically no. Beneficiaries usually receive the payout tax-free, though any interest earned may be taxable.

They submit a claim form and a death certificate. We guide families through the process to make it stress-free.

Common exclusions include suicide within the first year or two, death as the result of a crime, or providing false information on an application.