Term Life Insurance

Term life insurance lasts for a specified number of years and then ends. You choose the term when you take out the policy, with common terms being 10, 20, or 30 years. The best-term life insurance policies balance affordability with long-term financial strength.

Types of Term Life Insurance:

• Decreasing Term Life Insurance: This is renewable term life insurance where the coverage decreases over the life of the policy at a predetermined rate.
• Convertible Term Life Insurance: This allows policyholders to convert a term policy to permanent insurance.
• Renewable Term Life Insurance: This is a yearly renewable term life policy that provides a quote for the year the policy is purchased. Premiums increase annually and it is usually the least expensive term insurance initially.

Term life insurance is attractive to young people with children because parents can obtain large amounts of coverage at reasonably low costs. Upon the death of a parent, a significant benefit can replace lost income.

These policies are also well-suited for people who temporarily need specific amounts of life insurance. For example, the policyholder may calculate that by the time the policy expires, their survivors will no longer need extra financial protection or will have accumulated enough liquid assets to self-insure.

Term life insurance is for a predetermined period, typically between 10 and 30 years. Term policies may be renewed after they end, with premiums recalculated based on the holder’s age, life expectancy, and health. By contrast, whole life insurance covers the entire life of the holder. Unlike a term life policy, whole life insurance includes a savings component, where the cash value of the contract accumulates for the holder. The holder can withdraw or borrow against the savings portion of their policy, where it can serve as a source of equity.

Whole Life Insurance

Whole life insurance, also known as traditional life insurance, provides permanent death benefit coverage for the life of the insured. In addition to paying a death benefit, whole life insurance also contains a savings component in which cash value may accumulate. Interest accrues at a fixed rate and on a tax-deferred basis.

Whole life insurance policies are one type of permanent life insurance. Universal life, indexed universal life, and variable universal life are others. Whole life insurance is the original life insurance policy, but it does not equal permanent life insurance as there are many types of permanent life insurance.

Universal life insurance and whole life insurance are both permanent life insurance types that offer guaranteed death benefits for the life of the insured. However, a universal life policy allows the policyholder to adjust the death benefit as well as the premiums. As one might expect, higher death benefits require higher premiums. Universal life policyholders can also use their accumulated cash value to pay premiums, provided the balance is sufficient to cover the minimum due. Whole life insurance, alternatively, does not allow for changes to the death benefit or premiums, which are set upon issue.

Universal Life Insurance

Universal life (UL) insurance is permanent life insurance (lasting the lifetime of the insured) that has an investment savings element and low premiums similar to those of term life insurance. Most UL insurance policies contain a flexible-premium option. However, some require a single premium (single lump-sum payment) or fixed premiums (scheduled fixed payments).

Unlike term life, UL insurance policies can accumulate interest-bearing funds like a savings account. Additionally, policyholders can adjust their premiums and death benefits. Those paying extra toward their premium receive interest on that excess.

If you want to build tax-deferred savings and don’t expect to tap into the funds for a long time, universal life may be a suitable option. The cash value option that’s part of a universal life policy may be available for you to withdraw or borrow against in an emergency.

It’s a good idea to talk with your insurance provider to better understand your life insurance options. They can help you review your personal situation and long-term goals to choose a policy that’s a good fit for you and your family.

Comprehensive Health Coverage

Health insurance provides essential protection against high medical costs. From regular checkups and emergency room visits to surgeries and specialist care, a quality health plan ensures you’re prepared for the unexpected. Our plans offer broad coverage that includes hospital services, outpatient care, prescription medications, and preventive screenings to keep you healthy year-round.

Tailored Plans to Fit Your Needs

There’s no one-size-fits-all solution when it comes to health insurance. Whether you’re self-employed, a growing family, or nearing retirement, I work with you to assess your specific needs and match you with a plan that fits your coverage preferences and financial situation. Options include HMO, PPO, EPO, and high-deductible health plans with health savings accounts (HSAs).

Access to Quality Care

Enjoy peace of mind knowing your health insurance plan connects you to a large network of trusted doctors, specialists, and hospitals. With the right network in place, you won’t have to sacrifice quality care for affordability. I help you find plans with strong provider networks and flexible access to the care you need, when you need it.

Affordable Options and Financial Assistance

Cost is one of the biggest concerns when choosing a health plan. I help you explore all your options, including government subsidies and tax credits through the Health Insurance Marketplace. Whether you qualify for reduced premiums or cost-sharing reductions, I ensure you understand your benefits and find a plan that offers real value.

Preventive Care and Wellness Benefits

Prevention is the best medicine. Many health insurance plans cover annual physicals, vaccines, screenings, and wellness programs at no extra cost to you. Staying proactive with your health can reduce your risk of illness and keep your long-term medical costs lower. I’ll help you choose a plan that prioritizes your well-being.

Coverage for Individuals, Families, and Small Businesses

No matter your situation, there’s a plan designed for you. I offer health insurance solutions for individuals, families, and small business owners looking to provide benefits for their employees. Let me help you find coverage that supports your health and your goals.

Support Through Every Step

Health insurance can be complex—but you’re not alone. From choosing a plan and understanding your benefits to managing renewals and filing claims, I’m here to guide you every step of the way. My commitment is to provide ongoing support, honest advice, and responsive service tailored to your needs.