There are many different forms of life insurance but they can be split into two broad categories: temporary (term) and permanent (eg. universal, variable, or whole life). Which of these classes of life insurance is best for you depends on your reasons for purchasing.
Your income will almost certainly stop if you die. An important reason to buy life insurance is to protect those you love from this loss of income. If the insurance is to protect against an untimely death within the next thirty years, we believe term insurance is the best choice. Why? With no cash buildup, it will cost you the least and provide the protection you desire. An important aspect of this strategy is having the financial discipline to accumulate sufficient assets to provide security for your loved ones by the time the insurance expires. Term provides sufficient savings over other forms of life insurance to make this kind of planning possible. Look for a policy, with a well-rated carrier, which guarantees that both the death benefit and the premium will remain unchanged for the entire term.
Whatever your needs, we can provide you with an economical and effective solution.