Life Insurance

What is life insurance?  

Everyone deserves a secure financial future — and that's why life insurance is so important. Whether you're just starting out or you're getting ready to retire, a life insurance policy can help you give your family financial peace of mind if you are no longer there to provide for them. 

What is term life insurance?

A term life insurance policy offers affordable, straightforward protection that lasts a defined period of time. Term life insurance is often the lowest priced coverage option, but it is temporary. It designed to help replace your income if you pass away during earning years. Your family can use the death benefit to help pay for expenses like housing, childcare and groceries. With term life insurance, you'll have:

• A tax-free death benefit
  Provides your family stability at the very time they will need it most.

• Flexible policy lengths
  You can choose a term length between 10 and 40 years.

• Affordable rates & payments
  Plans start as little as $15.09 per month for 20 years at $250,000.¹
  Rate shown is not available in New York

• Flexibility to convert to permanent insurance
  Switch to longer term protection in the future as provided by policy provisions.

What is universal life insurance?

A universal life insurance policy offers flexible protection that can last up to your lifetime and includes various cash accumulation options. If you want lifelong coverage, but with flexibility down the road, universal life insurance may be a good option. This type of permanent life insurance offers:

• Death benefit protection
  As long as you pay the sufficient premiums, your protection never ends.

• Built-in flexibility
  You can increase or decrease your death benefit to meet your changing financial needs so long as sufficient premium is paid to keep the policy in force.⁴

• Expanded cash value options for certain policies
  Some universal life policies provide that the cash value can be linked to the broad performance of stock market index funds, but with limits on how much you can gain or lose. Or, you can choose a guaranteed annual return option. It even offers flexibility to have a combination of both.