Life Insurance

When death occurs, expenses continue.

That could be financial obligations to love ones, estate taxes or probate fees. Life insurance is the solution to these financial obligations. Life insurance, is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder).

Why Individuals Need It

It provides the peace of mind that comes from knowing that if something should happen to you, your loved ones won’t be left with a legacy of debt, final taxes or other money worries. Certain life events might cause you to re-evaluate your financial goals and consider the protection life insurance can provide. For example getting married, buying a home, having children or planning for your retirement. With an appropriate plan, life insurance can help you meet your goals in life and protect your family when you no longer can.

Why Businesses Need It

Life Insurance can help move your business forward confidently. If you are an entrepreneur or just starting a business, you will need to protect your enterprise and any partners. A uniquely tailored insurance solution can also provide the money necessary to enable your fellow shareholders or partners to buy you out when you are ready to retire. Life insurance can also make a business more attractive to creditors.