Here we are at the beginning of another new year!  It’s the perfect time to review various financial plans that exist in your family – and to make sure your lifestyle for you and your family is as protected as possible.

First, you will want a plan that is specifically tailored to your needs and the needs of your family.

You may want to consider term life insuranceif you need coverage only for a specific period of time or if you have a limited budget.  A specific period of time might range from one to 30 years and pays a death benefit only if you die during that specified period of time.  That is why it’s commonly referred to as “temporary” life insurance.

On the other hand, you might need permanent life insurance which is an appropriate way to meet long-term needs.  You would choose this product, known as whole life or universal life, if you need estate planning or if you want life insurance that is guaranteed for life.   These premiums are fixed and the policy accumulates cash value on a tax-deferred basis.

In either case, feel free to contact a life insurance representative from any of our 12 locations to assist you with sorting out all the options and tailoring a plan specifically for you and your family.