Life Insurance Retirement Income
Help protect your loved ones — today and tomorrow
We provide many different types of Life Insurances. Term Life, Whole Life, Indexed Universal Life and Final Expenses. We will do a comprehensive review of your life insurance needs and offer our recommendations to you.
What is life insurance?
A life insurance policy is a contract with an insurance company. In exchange for a systematic payment or premium payments, the insurance company provides an amount, known as a death benefit, to beneficiaries upon the insured’s death.
What is term life insurance?
Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment of a stated death benefit if the covered person dies during a specified term. Once the term expires, the policyholder can either renew it for another term, convert the policy to permanent coverage, or allow the policy to terminate.
What Is Indexed Universal Life (IUL) Insurance?
Indexed universal life (IUL) insurance allows the owner to allocate cash value amounts to either a fixed account or an equity index account.
What Is Final Expense Insurance?
Final expense insurance is designed to cover the bills that your loved ones will face after your death. These costs will include medical bills and funeral expenses. Final expense insurance is also known as burial insurance.
To learn how affordable life insurance can be, speak with Mr. Lucero for more information.