What Does Life Insurance Cover?
Life insurance pays your beneficiaries a tax-free sum when you pass away. Here's how that money can be used.
Death Benefit
A tax-free lump sum paid to your beneficiaries to maintain their financial stability.
Income Replacement
Replaces lost income so your family can cover everyday expenses and long-term needs.
Mortgage & Debt Payoff
Settles your mortgage, car loans, credit cards, and other debts so they're not inherited.
Education Funding
Ensures your children can still attend college even if you're not there to pay for it.
Final Expenses
Covers funeral costs, burial expenses, and estate settlement fees.
Cash Value (Permanent)
Some policies build cash value you can borrow against during your lifetime.
Types of Life Insurance
Not sure which type is right for you? Here's a straightforward breakdown.
Term Life Insurance
Coverage for a specific period — 10, 20, or 30 years. The most affordable option.
- Lowest premiums of any life insurance type
- Fixed rates for the entire term
- Coverage amounts from $100K to $1M+
- Simple application process
- No cash value component
Whole Life Insurance
Permanent protection that lasts your entire life with guaranteed cash value growth.
- Coverage never expires as long as premiums are paid
- Premiums stay level for life
- Builds guaranteed cash value over time
- Cash value can be borrowed against
- Death benefit is guaranteed
Universal Life Insurance
Flexible permanent coverage with adjustable premiums and death benefits.
- Permanent, lifelong protection
- Flexible premium payments
- Adjustable death benefit amounts
- Cash value grows tax-deferred
- Access cash value for any purpose
Not sure which type you need? Most families benefit from term life insurance for its affordability during the years when coverage matters most. We'll walk you through the options and help you decide — no pressure, no jargon.
Who Needs Life Insurance?
If anyone depends on you financially, life insurance is essential. Here are the most common situations.
Parents with Young Children
Ensure your kids are provided for if something happens to you — childcare, education, daily expenses.
Homeowners with a Mortgage
Protect your family from losing their home by covering the remaining mortgage balance.
Married Couples
Replace lost income so your spouse can maintain their standard of living.
Parents Paying for College
Make sure your children's education is funded even if you're not there.
Business Owners
Fund buy-sell agreements, protect key employees, or secure business loans.
Those Planning Their Estate
Leave a tax-free inheritance, cover estate taxes, or donate to charity.
Common Questions About Life Insurance
Get answers before you even have to ask
A common rule of thumb is 10-12 times your annual income, but the right amount depends on your specific situation. Consider your mortgage balance, other debts, future education costs, and how many years of income replacement your family would need. We'll help you calculate the right coverage amount during your consultation.
Term life covers you for a specific period (10, 20, or 30 years) and is the most affordable option. Whole life covers you permanently and builds cash value over time, but costs more. Most families choose term life for its affordability during the years when coverage matters most — like while raising children or paying off a mortgage.
It depends on the policy. Traditional policies often require a medical exam for the best rates. However, many carriers now offer "no-exam" or "simplified issue" policies that only require answering health questions. These are faster to obtain but may have higher premiums or lower coverage limits.
Most life insurance claims are paid within 10-14 days of the insurance company receiving a valid death certificate and completed claim form. The death benefit is paid directly to your named beneficiaries and is generally tax-free.
Yes. You can name multiple beneficiaries and specify what percentage each receives. You can also name contingent (backup) beneficiaries in case your primary beneficiary passes away before you do. We recommend reviewing your beneficiaries periodically, especially after major life events like marriage, divorce, or having children.
Some permanent life insurance policies (whole life and universal life) build cash value that you can access while you're still alive. You can borrow against this cash value for any purpose — supplementing retirement income, paying off debts, covering emergency expenses, or funding education. The cash value grows tax-deferred.
Why Get Life Insurance Through Us?
As an independent agency, we work for you — not the insurance companies.
Multiple Carrier Options
We work with multiple life insurance carriers to find you the best combination of coverage and price for your situation.
Local Agents Who Listen
Life insurance is personal. We take the time to understand your family's situation and recommend what's actually right for you — not just what pays us the most.
Claims Support
If your family ever needs to file a claim, we're here to help them navigate the process during an already difficult time.
Visit Us In Person
Life insurance conversations are often better face-to-face. We're here when you're ready.