How can you best protect the people in
your life?
Your life is full of people you cherish, and life insurance is an
excellent way to help restore your family’s financial security if
something happens to you. .But what kind of policy will best provide for
their needs and comforts?
If you’d like coverage for a long
time and cash-value accumulation is important to you.
For example, cash values can supplement college funding or
retirement income, or can be used to pay future premiums.1
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Whole Life
Insurance can provide a lifetime of coverage with
conservatively invested cash-value accumulation. This is a type of
"Permanent" life insurance. |
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Variable
Universal Life Insurance can also provide a lifetime of
coverage. With this type of life insurance, the cash-value is is
invested in various funding options according to your risk tolerance
and investment objectives. This is also a type of "Permanent" life
insurance. |
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If you’d like coverage for a long
time and cash-value accumulation is less important to you.
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Universal Life
Insurance offers flexible premiums, can provide you with
a lifetime of coverage and can be the most economical in the long
term. This too, is a type of "Permanent" life insurance. |
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If you’d like coverage for a short time
only.
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Term Life
Insurance provides simple, temporary and limited-term
coverage (such as to cover a mortgage or other debt), that is
initially the least expensive. It provides no cash value. |
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