Life Insurance Coverage

 Mortgage protection insurance is a way to protect one of your most valuable assets in the event of a death. Most terms are designed to give you a full return of premium if you outlive the policy. With mortgage life insurance protection, in the event of a death, the mortgage will be paid in full, so your family can keep the house. 

 Final expense insurance is a whole life policy that pays medical bills and funeral expenses when you die. It's also known as burial or funeral insurance. It's a popular choice among seniors. These may come with living benefit and will develop cash value over time. 

 Indexed universal life insurance is a type of insurance that has a cash value component along with a death benefit. The money in a policy holders cash value account can earn interest by tracking a stock market index such as the S&P or another index. You may also have a fixed-rate account and can choose how much you want to go into each account. 

  Childrens life insurance is a form of permanent life insurance that insures the life of a minor. It is usually purchased to protect a family against the sudden and unexpected costs of a child's funeral or burial/and to secure inexpensive and guaranteed insurance for the lifetime of the child. It offers guaranteed growth of cash value.  

   FIAs credit interest using formulas based on changes in specific indexes. The crediting method determines how much interest is credited. The rate and frequency of the credits depend upon the terms and conditions of the FIA contract. 

 Accidental death and dismemberment (AD&D) insurance is a category of life insurance that only pays out a benefit when the insured is in a covered accident that causes death or specific serious injuries such as the loss of a limb, paralysis, or blindness.