LIFE INSURANCE
Life Insurance
Life Insurance for Greensboro & High Point, NC
We offer a full suite of life insurance products from the region’s most trusted insurance providers. Listed below are a few of our offered coverage options and how they work. If you have any additional questions, comments, or concerns, we urge you to contact one of our knowledgeable representatives today!
Final Expense Insurance
Losing a loved one may prove difficult for all members of your family. Picking up the pieces while dealing with the required responsibilities can be stressful. There are many expenses associated with death that can, on average, exceed $8,000.
Without the proper final expense insurance policy, you may have a hard time coming up with these funds. Fortunately, final expense life insurance can save families from having to deplete their savings or sell precious assets to come up with the funds required to bury a loved one.
Term Life Insurance
Term life insurance is available to those with varying needs and budgets. We offer an array of plans that can be tailored to suit your precise needs. With our help you’ll remain protected for a designated period of time, typically 10, 20 or 30 years.
As with other types of life insurance, term life provides a death benefit to your family upon your death. Term life insurance does not offer cash value growth.
Term Life Advantages
- Affordability
- Ability to convert to permanent life insurance without proof of insurability
- Variety of terms and payment schedules
This policy only pays a death benefit within the term, which is typically 10 to 30 years in duration.
Whole Life Insurance
Whole life insurance offers our clients a long-term financial plan. This form of insurance represents a dependable way to protect your family's lifestyle while you strive to meet your financial goals. The death benefit offers security by providing money to help pay for funeral costs and take care of debts. This permanent insurance also builds cash value on a tax-deferred basis.
Whole Life Advantages
- The confidence of permanent life insurance protection
- Premiums that never increase, regardless of age or health
- Certificate cash values grow tax-deferred until received
- A death benefit paid to beneficiaries, income tax-free
A permanent policy that pays a death benefit. This amount is paid as long as the premiums are met and the policy is kept in good standing.