In the event of death of the insured person, life insurance pays a non-taxable amount to the beneficiaries. This amount can be used to pay off debts, pay burial expenses or leave a legacy.
A death is a distressing event in itself. Avoiding the financial constraints that may follow makes it easier to get through this difficult time. Even if your company's group insurance includes life insurance, it's worth checking to see if it covers all your needs.
Term life insurance meets your needs for a period of 10, 15, 20, 25, 30, 35 or 40 years. You will have peace of mind knowing that your family and beneficiary are protected in the event of your death.
Advantages of Term Life Insurance
Insuring your family and loved ones for life is possible. What could be more reassuring than knowing that your family will be protected with permanent life insurance.
Available with or without a cash surrender value, you can choose between paying your premiums over 20 years or until you reach age 100.
Advantages of Permanent Life Insurance
Universal life insurance simplifies your financial planning while meeting both your insurance and savings needs.
Advantages of Universal Life Insurance