How much life insurance do I need?
The amount of life insurance will vary depending upon your individual or family circumstances. When determining your life insurance needs, you must take into consideration your family's income needs, educational expenses, mortgage and other debt, along with other needs they may have. You should subtract any cash available from these needs to arrive at the total amount needed.

Which Life Insurance policy is best?
The type of life insurance policy you buy will depend on you coverage needs. You should take into consideration how much you need, how long you need coverage and what you can afford to pay. Then, you should find out more about the different types of policies available to suit your needs. You should keep in mind that one of the major reasons you buy life insurance is to cover the financial effects of an unexpected death.

What is term insurance?
Term insurance is pure protection coverage for a specified time period such as 5, 10 or 20 years. It's usually purchased to cover mortgage debt or a short term need.

What is whole life insurance?
Whole life is a plan of insurance for the whole of life that builds cash values. Premiums are usually paid for life although there are limited payment plans.

What is Universal Life Insurance?
Universal life is a flexible premium life insurance policy under which the policyholder may change the death benefit from time to time (with satisfactory evidence of insurability for increases) and vary the amount or timing of premium payments. Premium (less expense charges) are credited to a policy account from which mortality charges are deducted and to which interest is credited at a rate which may change from time to time.

What is Variable Universal life Insurance?
A form of permanent life insurance designed to have flexible premiums, death benefits and cash values. The difference between Variable universal life and universal life is that the policy owner has the choice of investing in a variety of funds. The policyholder with a higher risk tolerance can earn market based investment returns. Current mortality and expenses may vary the insurance carrier's experience and are not usually guaranteed.

What is Long-Term Insurance care?
Long-Term Care insurance provides dollars to pay for the care for individuals when they are unable to care for themselves and need help with activities of daily living (ADL's), such as bathing, dressing, transferring, toileting, continence and eating, or they have severe cognitive impairment. This can result from an accident, chronic illness, or advancing age. Long term care insurance can help preserve your assets while maintaining independence and financial security.

What is Disability Income?
A form of health insurance that promotes periodic payments to replace income when an insured is unable to work as a result of illness, injury or disease.

What is Single Premium Life Insurance?
Single premium life is an insurance contract requiring one payment that earns a current rate of interest usually guaranteed for one year at a time. It has a guaranteed death benefit significantly higher than the single premium made by the insured/owner.