Life Insurance |
A Life Insurance Policy is a Contract between you and a Life Insurance Company that specifies that the Insurance
Company will provide either a Stated Sum or a Periodic Income to your designated Beneficiaries upon your Death. It can allow a Person to create an Estate for their Family for very little Cost.
Life Insurance can be used for many Purposes :
- Pay Final Expenses
- Liquidate Loans and Mortages
- Replace your Earned Income
- Provide Capital for Bequests to Relatives, Charitable Organizations, etc
- Fund Buy-Sell Agreements
Types of Life Insurance :
There are essentially three Types of Life Insurance:
- Term
- Whole Life
- Universal
We can provide an indepth Analysis of your Life Insurance.
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