Life Insurance is often called “the backbone” to a strong retirement plan. As your personal lifestyle and financial situations evolve, it is important that you have adequate resources to meet those needs.
Key considerations when purchasing life insurance are:
The duration of the need
Premium budget
Purpose of the need
Term Insurance
A form of temporary insurance that provides a lump-sum payment upon death for stated period of time.
10yr, 20yr, 30yr
Annual Renewable Term
Return of Premium
Permanent Insurance
A form of lifetime coverage that may play an important role when it comes to retirement or estate planning.
