Life Insurance Plans

Life insurance protects the people you'd leave behind.

Whether that means replacing your income, paying off the house, covering funeral costs, wiping out debts, or just making sure your family doesn't have to figure out money during the worst week of their life, life insurance is what keeps the people you love from inheriting a financial mess. The tricky part isn't deciding whether to get it. It's figuring out which type, how much, and from which company. That's what we're here for.

Term Life Insurance

Term life is the simplest type and usually the cheapest. You pick a length (10, 20, or 30 years) and a coverage amount, and you pay the same monthly premium the whole time. If something happens to you during that term, your family gets a tax-free payout. If you outlive it, the policy ends.

Whole Life Insurance

Whole life doesn't expire. As long as you pay the premiums, the policy stays in force forever, and your family is guaranteed a payout whenever that day comes. It also builds cash value over time which is money that you can borrow against or pull out while you're still alive.

IUL (Indexed Universal Life)

An IUL gives you a death benefit and a cash value account that grows based on a stock index (like the S&P 500). Policyholders can benefit from market gains, up to a capped rate, while avoiding losses due to a guaranteed minimum interest rate.

You can also access that cash value tax-free during retirement through policy loans, which is why a lot of people use IULs as a long-term wealth building tool, not just life insurance.

Mortgage Protection

Your home is probably the biggest thing you've ever bought, and the mortgage is probably the biggest bill your family counts on you for. Mortgage protection is built around that and is designed to pay off or down your home if you get sick or pass away, so your family doesn't have to choose between grieving and figuring out how to keep the house.

Final Expense

The average funeral in the U.S. runs $8,000-$12,000. Final expense insurance is a smaller whole life policy (usually $5k-$25k) designed to cover those costs so your family isn't pulling from savings or starting a GoFundMe during this difficult time.