Life Insurance
Why Do You Need Term Life Insurance?
Everyone’s situation is different. But everyone should have a financial plan for the long-term benefit of themselves and their families. As an important part of your financial plan, life insurance can provide peace of mind for the uncertainties ahead.

Cash when your family might need it most.
Do you and your spouse both work? If either spouse should die prematurely, most families would be strained to meet mortgage payments and other household and living expenses. And that doesn’t take into account family goals such as providing for your children’s education. Life insurance gives you the protection of income replacement and an important cash resource.

Making sure your estate passes to your family.
You want to preserve your hard-earned estate and pass what you’ve worked for to your family. The life insurance benefit will generally pass income tax free to the beneficiaries and can be used to pay unexpected estate taxes, which could be particularly important if your estate includes assets that may not convert easily into cash, such as property or a family business. Life insurance can help you keep your estate intact for your family.

Protecting the future of your business.
Even a thriving business might not survive the loss of a key owner or partner. Life insurance can be an advantageous way to give partners and family members peace of mind. It can be one of the smartest business decisions you make.

What type of life insurance do you need?
There are many types of life insurance. Some offer protection for a specified period of time and others are permanent plans that build cash value. One of the primary reasons people select term life insurance is that it provides the maximum amount of coverage for the lowest cost.

Term life insurance provides protection for a specific period, or term. It can protect you for a duration of 10, 15, 20, or even 30 years.

Our needs estimator calculator (http://www.needsestimator.com) can help you to determine how much life insurance you may need.