Life・Annuity Insurance


​In our office, we believe that Life insurance is the most important coverage to protect your future. Nobody wants to think about the end of one's life, but it is inevitable. It is best to arrange protection earlier to be better prepared and to take advantage of considerable savings. Over the next few pages, we will explain what information is needed to give you a quote, the different types of Life policies, and the relationship of age to premiums.

Different Types of Life Policies

Below are the two major types of Life Insurance:
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Permanent/Whole Life Insurance
Permanent Life insurance will protect you and benefit your family for as long as you pay the proper premium. Permanent Life costs more than term, but you own this policy for your entire life and it builds cash value. Purchasing a permanent Life policy can be compared to purchasing a home rather than renting an apartment.

Term Life Insurance
Term Life insurance is purchased for temporary protection. This policy can provide benefits for your family, help you secure your mortgage, and more. This policy can be compared to renting an apartment because you do not build cash value with term insurance.

Relationship of Age to Premiums

You may be thinking that you cannot afford this protection right now and that there are too many financial hurdles in your day-to-day life making affording life insurance too difficult. The chart below documents the reasons most given for not being able to afford or need protection during these age segments.

18-29
  • Feel you are too young to need to worry about life insurance
  • Just starting out on your own, too many expenses to worry about
30-49
  • Raising a family and having even more financial responsibilities
  • College expenses
50+
  • Assisting aging parents
  • Increased cost of coverage

Life insurance rates increase with age so it becomes a greater expense the longer you wait. With all the different options available, we can secure your future and lock in better rates just by qualifying. Starting with an option that best meets your needs today will make it easier to make the necessary adjustments as your family and responsibilities grow. So give us a call before your next birthday and we can design a policy that is best for you!
We will need your DOB, sex, any pre-existing condition, Rx, desired face amount, height, and weight to provide you a quote.