There are many reasons to have Life Insurance coverage:

• Replace Lost Income: If family or loved ones depend on your income, Life Insurance can replace that income for them if you die. The most common example of this situation is parents with young children. However, this may also apply to couples who would be financially stricken due to the income lost because of the death of a partner.
• Create an Inheritance for Your Heirs: Even if you don't have any other assets to pass to your heirs, you can create an inheritance by buying a life insurance policy and naming them as beneficiaries.
• Pay Final Expenses: Life Insurance can pay your funeral and burial costs, probate and other estate costs, debts and medical expenses not covered by medical insurance.
• Make Significant Charitable Contributions: By making a charity the beneficiary of your life insurance, you can make a much larger contribution than if you donated the cash equivalent of the policy's premiums.
• Create a Source of Savings: Some types of life insurance create a cash value that, if not paid out as a death benefit, can be borrowed or withdrawn at the owner's request. This can create a kind of "forced" savings plan.

There are two major types of life insurance - Term and Whole Life (cash value):

Term Insurance:

• Level Term means that the death benefit remains the same throughout
  the duration of the policy.
• Decreasing Term means that the death benefit drops, usually in one-year increments, over the course of the policy's term.

Over 97 percent of the term insurance bought today is level term.

Whole Life/Cash Value/Permanent Insurance:

Whole life or permanent insurance (sometimes referred to as "cash value") pays a death benefit whenever you die- even if you live to be 100. In this type of coverage both the death benefit and the premium are designed to stay the same throughout the term of the policy. These policies build cash value.

We offer a variety of Life Insurance products from several quality companies including term and whole life insurance. Many life insurance options are now available at the lowest cost in decades. Let us help you with your life insurance needs.