WHAT WE DO
TERM LIFE
Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment of a stated death benefit if the covered person dies during a specified term. Once the term expires, the policyholder can either renew it for another term, convert the policy to permanent coverage, or allow the term life insurance policy to terminate.
WHOLE LIFE
Whole life insurance provides permanent death benefit coverage for the life of the insured. In addition to paying a death benefit, whole life insurance also contains a savings in which cash value may accumulate on a tax-advantaged basis. These policies may be known as “traditional” life insurance.
Whole Life insurance policies are one type of permanent life insurance. Universal life, indexed universal life, and variable universal life are others. Whole life insurance is the original life insurance policy, but whole life does not equal permanent life insurance.
UNIVERSAL LIFE
Universal life insurance is also called adjustable life insurance. because of the flexibility it offers. You have the liberty to reduce or increase your death benefit and pay your premiums at any time in any amount (subject to certain limits) once there is money in the account.
When you make a payment to your universal life insurance plan, part of it goes into an investment account, and any interest accrued is credited to your account. The interest you earn grows on a tax-deferred basis, increasing your cash value.
ANNUITIES
An annuity is a contract between you and an insurance company in which you make a lump-sum payment or series of payments and, in return, receive regular disbursements, beginning either immediately or at some point in the future.
Annuities come in three main varieties: Fixed, variable, and indexed. Each type has its own level of risk and payout potential. Fixed annuities pay out a guaranteed amount. This type of annuity comes in two different styles—fixed immediate annuities, which pay a fixed rate right now, and fixed deferred annuities, which pay you later.
MEDICARE
We know that Medicare can be increasingly difficult for seniors and with all the annual changes and adjustments we want to make sure we provide the best carriers and the best programs.
Being of the best IMOs in the country, allows us to partner with the best carriers to make sure you’re always able to help any client.
CIGNA SUPPLEMENTAL
Supplemental insurance is all the types of insurance beyond health insurance, including dental, cancer, life, accident and critical illness coverage. These insurance benefits can help keep your clients healthy and help protect their finances, when they will need it most. Being able to offer these solutions to clients, is a win-win for everyone.