We know that as your family and assets grow so does your risk. This is why we offer solutions that pay off your home, pay off your debt, pay for your funeral, and even help replace your income for your family in the event of your death. Life Insurance can do all of this.
We offer many different types of life insurance:
No matter the type you need, we got you covered. You can use life insurance for many different things:
Which one is right for me? Term or Permanent Life Insurance in Waco, Texas?
Term life insurance has long been the financial product to which businesses, families and individuals have turned when they need large amounts of life insurance coverage at a minimal initial expense. Term life insurance provides coverage for a period of time, most common coverage periods are for 10, 20, and 30 years. Because it is “pure” insurance coverage –there is no buildup of cash value – term life insurance may be an ideal way to meet current, and often critical, insurance needs at affordable rates. This can be especially true for young families or new businesses just starting out. Lots of policies offer a built-in conversion feature and this is why term life insurance is often used as a stepping – stone to a permanent plan. Before purchasing this type of coverage, however, be sure that the term policy – and the company you select – can protect your options for both the short and long duration.
Universal life insurance also known as fixed universal life offers a flexible premium with an adjustable death benefit and credits a fixed interest rate to the cash value within the policy.
Indexed universal life is a form of universal life insurance and is considered to be one of the most flexible types of life insurance. You can adjust the death benefit and the premiums you pay. This policy has the potential to build the most cash value of any life insurance policies that build cash value. You can build with this policy cash to suppliment your retirement or you may even be able to stop paying premiums because you have enough cash value. Indexed Universal life polices can offer:
How indexing crediting works in an Indexed Universal Life Insurance Policy
Medical conditions, illnesses or injuries, although not always fatal, can have a devastating impact on your lifestyle, your independence and your ability to earn an income. They can even deplete your savings in no time at all. Accelerated Benefits Riders are optional, some of the companies that we represent offer these at no-additional cost, riders that can allow you to access all or part of your death benefit, while living, if you experience a qualifying terminal, chronic, or critical illness, or critical injury. The use of the benefit is unrestricted with the exception that ABR proceeds for chronic illness in the state of Massachusetts can only be used to pay for expenses incurred for Qualified Long-Term Care services. Since the benefit is unrestricted, once you qualify, you can use the benefit for any expense. Expenses might include, but are not limited to: - Household expenses - Adult Day Care - Home modifications - Regular bills - Nursing home care - Quality of life expenditures. See Jessica's video below to see a client that used this benefit from one of the companies we represent.
See how Jessica's used living benefits when she was diagnosted with cancer.
Whole Life/Final Expense life insurance is designed to help provide affordable protection that pays benefits directly to the person you choose to take care of your outstanding medical bills, unexpected expenses, debts, and burial. We offer simplified issue whole life policies with no exam just a few questions, and instant approvals. We also offer guaranteed issued whole life policies with no exam and no questions. Even with really bad health, as long as you are alive you can get coverage with guaranteed issue whole life. These whole life policies are small affordable policies designed for people who live on a fixed income, on social security, or on disability.
To see what coverage is best for you, click on the life insurance quote button below to request a quote.