Protect Your Future Today

Mortgage protection insurance is a way to protect one of your most valuable assets in the event of a death. Most terms are designed to give you a full return of premium if you outlive the policy. With mortgage life insurance protection, in the event of a death, the mortgage will be paid in full, so your family can keep the house.

Final Expense insurance will cover you for life. With final expense insurance, prices are locked and will never increase nor will your policy end. These types of policies are designed to make sure funeral and other end of life expenses are covered. 

FIAs credit interest using formulas based on changes in specific indexes. The crediting method determines how much interest is credited. The rate and frequency of the credits depend upon the terms and conditions of the FIA contract.  

If a person uses the cash value that has built up in the policy as collateral for a loan, and the insured dies before the loan is fully paid off, the amount of the death benefit is reduced by the amount of the outstanding loan, including interest. The policy must remain in force to maintain the favorable tax treatment of the loan. 

 Whole life insurance is a permanent life plan that provides coverage throughout your entire life. The premiums tend to cost more than a term plan would, but getting this insurance plan may be beneficial in the long run. The cash value usually ends up being high, but payments grow in a tax-deferred account at an established rate. The premiums won’t change over time and the death benefit is certain, regardless of the time frame. In this sense, the policy functions as an investment and the death benefit payout usually reflect this. Typically, the death benefit in a whole life insurance plan yields a large outcome.

 Like mortgage protection, providing coverage for a time period to pay off a large loan that exists within the term time frame, terms of 10-40 years are an option, subject to qualification and approval.