Life Insurance Product Options
Term Life - Term life provides the maximum amount of coverage for the minimum amount of cost compared to whole life and is ideal for those who need coverage for a specific period of time. Term life gives the beneficiary income replacement at a time when it's needed most and can be renewed without proving insurability. See below for the different types of term life products:
- Family Path Solution
Designed for those who want to be sure their family has financial protection if the unexpected were to happen.
- Home Path Solution
Created for those who want to provide their family with the opportunity to stay in their home if something happens to them.
- Retirement Path Solution
Developed for those who want to ensure their family has funds if the unexpected were to happen during their working years.
Return of Premium Term Life Insurance - If you're the type of person who doesn't like to pay for something you might not need, then return of premium term life insurance could be right for you, it offers the best of both worlds – life protection if you need it, and money back if you don’t. Available for death benefits of $50,000 to $500,000 and initial terms of 20 years, 30 years or To Age 65. Issue ages are 18 to 60; however, term length availability will vary by age and tobacco use. If the policy is in force when the initial term period ends and its terms have been met, 100% of the returnable premium will be paid back to you as an endowment benefit.
Whole Life - Whole life insurance can be an excellent foundation for a strong financial plan because of its many advantages, including simplicity, predictability and guarantees. We offer 5 different types of whole life insurance products, see below:
- Continuous Pay – WL Series 100
Designed for those looking for simple, affordable, and guaranteed whole life coverage.
- Continuous Pay – WL Series 200
Designed for those who want more from their coverage, but may have budget constraints that won’t allow a limited pay option.
- Limited Pay – WL Series 100
Designed for those who value a budget-friendly limited pay plan with the guarantees and dividend potential found in a participating whole life policy.
- Limited Pay – WL Series 200
Designed for those seeking high early cash values and policy growth to supplement their savings with a tax advantaged vehicle.
- Single Pay Whole Life (SPWL)
Designed for those with lump sums that are not earmarked for other purposes.