Life Insurance for Every Stage in Life

Without children, why would a married couple need life insurance?

If a wage earner dies, who will help pay the bills? Life insurance provides Lifestyle Protection for the surviving spouse or partner.

• Future Guaranteed Insurability
  Many life insurance plans include an option to purchase more coverage at a later age without having to prove insurability. This could be significant when a person becomes uninsurable after initial coverage was established, they could be unable to obtain additional coverage otherwise.

• Cash Value Accumulation
  This is a living benefit that permanent life insurance plans have; a savings element. A person can 'buy term and invest the rest', but people do not usually follow that advice.

• Final Expense Plan
  Small permanent life insurance plans can be used to fund final expenses. These may range from $10,000 to $15,000.

• Debt Elimination
  A person may have many different debts that need to be covered in the event of death, such as student loans, home mortgages, auto loans, business loans, etc.

• Mortgage Acceleration

• Income Needs
  If a wage earner becomes disabled, who will pay the bills? Disability Income benefits could.
  If a wage earner dies, who will pay the bills? Life insurance benefits could.

• Lifestyle Protection
  If a spouse passes away, their paycheck will not be there anymore, often leaving the surviving spouse to figure out a way to survive financially. Life insurance benefits could help the family maintain a comfortable lifestyle.

• Key Person Coverage for Business 
  Key person insurance is needed in the event of a sudden death of a key executive, as it would have a large negative effect on the company's operations. The payout essentially buys the company time to find a new person or to implement other strategies to save the business.

Benefits are only generally described here. Products may vary by state. Some products are not available in every state. Please read the policy for exact details on benefits and exclusions. If there is a discrepancy between the product as it is generally described here and the policy or rider issued to you, the provisions of the policy or rider will prevail.