~ Life Insurance ~
Life insurance goes beyond the obvious…a benefit payable upon the death of the insured. Properly structured, whole life insurance offers “living benefits”…valuable benefits that can be used while you are alive...for many purposes including as a supplement to retirement.
Term insurance is just that...life insurance purchased for a specific term or period of time. It has no cash value, only a death benefit. The purchase of the right kind of term insurance can guarantee the insured’s insurability and allow for the “conversion” of the term policy into a permanent whole life policy.