Term Life Insurance with Living Benefits

Term life insurance is a type of life insurance policy that provides coverage for a specific period—typically 10, 20, or 30 years. If the insured passes away during the term, the policy pays a death benefit to the designated beneficiaries. It's an affordable way to secure financial protection for loved ones during key life stages, such as raising children or paying off a mortgage.

Living benefits, also known as accelerated benefit riders, are an added feature that allows the policyholder to access a portion of the death benefit while they are still alive, under certain circumstances. These benefits can be triggered by serious health events, such as:

• Critical illness (e.g., heart attack, cancer, stroke)

• Chronic illness (e.g., inability to perform two or more daily living activities)

• Terminal illness (typically diagnosed with 12-24 months to live)

This feature can help ease the financial burden of medical expenses, long-term care, or loss of income, giving the policyholder more flexibility and support during difficult times.

Index Universal Life Insurance

Indexed Universal Life (IUL) insurance is a type of permanent life insurance that not only provides a death benefit to protect your loved ones, but also builds cash value over time. What makes IUL unique is that the tax free cash value growth is tied to the performance of a stock market index, such as the S&P 500. While your money isn’t directly invested in the market, the policy offers the potential for higher returns compared to traditional whole life insurance—along with protection from market losses thanks to built-in floors. IULs also offer flexible premiums and the ability to access your cash value for things like retirement income, emergencies, college tuition, home purchase, making them a powerful tool for long-term financial planning. It’s a powerful way to secure your family’s future while growing money along the way.

Fixed Index Annuities

Fixed income annuities are financial products designed to provide a steady, guaranteed stream of income—often for life—making them a valuable option for individuals and families seeking financial security in retirement. With a fixed annuity, you make a lump-sum payment or a series of payments to an insurance company, and in return, the insurer promises to pay you a set amount of income on a regular schedule. This income is not affected by market fluctuations, offering peace of mind and predictability. Fixed annuities are especially appealing to those who want to supplement other retirement income sources, such as Social Security or a pension, and ensure they won’t outlive their savings.