Life Insurance — Protect What Matters Most
Having the right life insurance is pivotal to the future of you and your loved ones. We’ll help you choose smart coverage today and make sure it stays aligned as life changes.
Why It Matters
Life insurance helps fulfill the promises you’ve made to your family and business. It can replace income, cover debts and tuition, protect a mortgage, fund buy-sell agreements, and create lasting security.
Life Changes. So Should Your Policy.
- Marriage or divorce
- New child or grandchild
- Buying or refinancing a home
- Starting or expanding a business
- Health changes for you or a spouse
- Caring for a parent or dependent
- Planning education funding
- Retirement income concerns
- Inheritance or estate planning
Which Type Fits Your Goals?
Term Life Insurance
Affordable protection for a set period (e.g., 10–30 years). Level premiums available; often convertible to permanent coverage for future flexibility.
Whole Life Insurance
Permanent coverage with guaranteed benefits (when paid as specified). Builds cash value over time and can serve as a conservative, long-term asset.
Universal Life Insurance
Permanent coverage with flexibility in premiums and death benefit. Cash value accrues at a rate that may adjust, typically with a guaranteed minimum.
Advantages of Life Insurance
Tax-Free Death Benefit
Provides income to beneficiaries for funeral costs, debts, tuition, estate taxes, or business continuity (e.g., funding buy-sell agreements).
Living Benefits
Permanent policies can build tax-deferred cash value. Policy loans/withdrawals may help with major expenses, such as education or a home down payment.
Policy loans/withdrawals reduce cash value and death benefit; tax treatment depends on your situation. Consult your tax advisor.
Talk with Professional Insurance Services to compare options and tailor coverage to your goals.
How much coverage do I need?
A common starting point is 10–15× annual income, adjusted for debts, mortgage balance, dependents, and college or business needs. We’ll model scenarios for you.
Term vs. permanent — which should I choose?
Term fits time-bound needs at the lowest cost. Permanent adds lifelong protection and cash value. Many clients blend them to balance cost and guarantees.
Can I adjust coverage later?
Yes. We review policies at major life events and renewal milestones to keep protection aligned and costs efficient. Some term policies are convertible.