Term life insurance provides coverage for a set period of time and pays a death benefit if the policyholder passes away during that time.
Term insurance with living benefits provides coverage for the policyholder's life and pays out benefits if the policyholder becomes terminally ill, critically ill or disabled.
Whole life insurance provides coverage for the policyholder's entire life, as long as the policy remains in force. It also has a savings component, which accumulates cash value over time. The policyholder can borrow against this cash value or withdraw it, but doing so will reduce the death benefit.
IUL is a life insurance policy that provides a death benefit and cash value that can be invested in an index like the S&P 500. The policy earns interest based on a participation rate, protecting the policy owner from market losses. IUL policies offer tax-free withdrawals and loans, making them an attractive option for tax-free retirement savings.
Cancer, heart attack, stroke, and accident insurance offer coverage for specific health events. Cancer insurance pays out a lump sum if the policyholder is diagnosed with cancer. Heart attack and stroke insurance provide benefits if the policyholder experiences a heart attack or stroke.
Dental, vision, and hearing insurance policies provide coverage for related health expenses. Dental insurance covers routine dental procedures such as cleanings, fillings, and extractions. Vision insurance covers eye exams, glasses, and contact lenses. Hearing insurance covers exams and hearing aids.
Financial security is crucial in protecting what matters most, and life insurance and supplemental insurance provide that protection.
Life insurance supports loved ones financially if the policyholder dies, while supplemental insurance provides extra coverage beyond primary insurance.
Supplemental insurance policies provide coverage for specific events or conditions. For example, critical illness insurance pays a lump sum benefit if you are diagnosed with a covered illness such as cancer or a heart attack. Accident insurance pays benefits for injuries resulting from accidents. These products can provide added protection and peace of mind for individuals and families.
It's important to assess the available insurance types and pick the best ones that suit specific circumstances. With the right protection, individuals and their families can better prepare for the future.
We can help you protect what matters most.
We help protect self-employed, small business owners, entrepreneurs, as well individuals and families. Additionally, we help businesses with group supplemental benefit plans for their employees.
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