From final expenses to income replacement and long-term planning, Kayli helps you understand the purpose, tradeoffs and fit of each type of coverage.
A type of whole life coverage commonly used to help with funeral and burial costs, medical bills, small debts and other final obligations.
Often considered for: end-of-life costs, modest face amounts, lifelong protection.
Coverage for a specific term such as 10, 20 or 30 years. It can be a cost-efficient way to protect a larger financial need during working years.
Often considered for: income replacement, mortgage protection, family support, debt.
Permanent coverage designed to remain in force for life when premiums are paid and policy terms are met. Many policies also build cash value.
Often considered for: permanent protection, legacy needs, final expenses.
Permanent life insurance with flexible features and a cash-value component whose crediting may be linked in part to a market index, subject to caps, floors and policy terms.
Often considered for: flexible permanent protection and long-term planning.
Life insurance structured with the goal of helping loved ones manage a mortgage or other housing costs if the insured dies.
Often considered for: homeowners, families with major housing obligations.
Insurance products designed for accumulation and/or future income. Features vary significantly by carrier and contract type.
Often considered for: retirement income goals and long-term financial planning.
What are you protecting and for how long?
Review features, cost, underwriting and carrier fit.
Move forward only after you understand what you are choosing.