Types of Life Insurance

Term Life Insurance

Term life insurance policies provide affordable, temporary coverage.  Term policies contain no cash value and are designed for death benefit protection only.  The premiums may be level for the first 10, 15, 20 or 30 years, depending on the policy selected.  Because the death benefit protection is for a limited period, the premium is often the lowest of all types of life insurance policies.  However, after the level term period, premiums go up significantly and increase annually. 

Whole Life Insurance

Whole life is the traditional form of permanent life insurance.  It provides the certainty of level premiums, a guaranteed interest rate and a guaranteed death benefit.  Whole Life provides the extra security of guaranteed protection at affordable rates, yet it includes the element of cash value accumulation. 

Universal Life Insurance

Universal Life is a flexible premium, adjustable life insurance product that provides you with the flexibility of choosing the policy features that are appropriate for you and adjusting those features as your financial priorities and needs change.  Policy cash value that grows on a tax-deferred basis. 

Indexed Universal Life Insurance

Indexed universal life is a version of universal life that combines death benefit protection with the opportunity to grow cash value through an account that credits interest based upon the upward movement of stock market indexes -- without the risk of investing. 

Customizable Life Plans

Available to individuals 18 to 64.

Choose from initial term periods of 10, 15, 20, 25 or 30 years

Choose from coverage amounts of $25,000, $50,000, $75,000 or $100,000

Optional Waiver of Premium and Accidental Death riders availble for purchase

30-day Free Lock Period in which you may cancel the coverage and all premiums will be refunded

Term Life Insurance is the most affordable form of life insurance available.  When you consider that nearly half of all life insurance covering American families against the loss of a breadwinner is in the form of term life insurance, it's easy to see how this coverage can be incredibly valuable for you.

LifeEssentials Level Term Individual Life is an underwritten product that enables you to select your term period, amount of coverage, and optional riders online.  Here are some things to consider when creating a life plan:

  • Available to individuals 18 to 64

  • Choose from initial term periods of 10, 15, 20, 25, or 30 years

  • Choose from coverage amounts of $25,000, $50,000, $75,000 or $100,000

  • Optional Waiver of Premium and Accidental Death riders available for purchase

  • 30-day FREE Look Period in which you may cancel the coverage and all premiums will be refunded