LIFE INSURANCE
Protection and Security for those who depend on you
CRITICAL ILLNESS INSURANCE
Usually written as a life insurance policy, Critical Illness insurance pays out lump-sum cash benefits, while living, upon diagnosis of a major heart attack, life-threatening cancer, stroke, and other critical conditions as specified in the policy. These cash benefits can make it possible to continue to pay your bills, keep your home and replace lost income while undergoing recovery or treatment.
Universal Life
A type of flexible permanent life insurance offering the low-cost protection of term life insurance as well as a savings element (like whole life insurance), which is invested to provide a cash value buildup.
IMPORTANT NOTICE!
Most people assume they have enough life insurance. Keep in mind, the minimum recommended life insurance is your current income x 10 years. Therefore, if you currently earn $50,000 per year, the minimum life insurance you should have is $500,000. This will give your family enough time to adjust and adapt to your absence in the future if necessary, as well as allowing them to continue in the home they know, with the life goals established still in place.