Life Insurance

Term Life Insurance

• Usually offers a lower fixed premium for the term
• Purchase for a specific time period, such as 5, 10, 15, or 30 years
• Typically used for debt coverage and education expenses

Whole Life Insurance

• Premiums are consistent
• Can build cash value
• Lifetime benefit as long as premiums are paid as scheduled

The cost and availability of life insurance depends on factors such as age, health, and the type and amount of insurance purchased. Guarantees are based on the claims paying ability of the issuing company.

This material contains only general descriptions and is not a solicitation to sell any insurance product or security, nor is it intended as any financial or tax advice. For information about specific insurance needs or situations, contact your insurance agent. This is intended to assist in educating you about insurance generally and not to provide personal service. They may not take into account your personal characteristics such as budget, assets, risk tolerance, family situation or activities which may affect the type of insurance that would be right for you.

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Long Term Care Insurance

Disability Income Insurance

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