What Is Life Insurance

Term life insurance is a type of coverage that lasts for a set period—typically 10, 20, or 30 years. If you pass away during that time, your loved ones receive a tax-free payout that can help cover living expenses, debts, or future goals like college tuition. It’s usually more affordable than permanent life insurance, making it a smart choice for key life stages like raising a family or paying off a mortgage. Plus, many of our partner companies offer living benefits with most of our term plans, 

Whole life insurance is permanent coverage that lasts your entire lifetime, as long as premiums are paid. It guarantees a tax-free payout to your loved ones when you pass away and builds cash value over time that you can borrow from or use while you’re alive. This category also includes final expense plans, which are designed to help cover end-of-life costs like funeral and burial expenses. Many of our partner companies offer living benefits with whole life policies, allowing access to funds in 

Indexed Universal Life (IUL) insurance is a flexible, permanent life insurance policy that provides lifelong protection while allowing your cash value to grow based on the performance of market indexes—without the risk of losing money due to market downturns. It offers a tax-free death benefit to your loved ones and builds cash value you can access during your lifetime. Many of our partner companies include living benefits with IUL policies, so you can access funds if diagnosed with a critical,