3 minute read Lessor's Risk insurance helps protect you from the pitfalls of leasing or renting out commercial space.
There are so many life insurance options out there, it’s hard to know where to start. Different terms of coverage, ranging premiums and numerous payout benefits are just a few of the options to consider. The best plan for you? Well, that too may change as life situations and overall goals change. Corkill will help you navigate the many options and guide you to the best plan and benefit levels to protect the financial future of those you love.
If someone relies on you and your income (and you don’t have savings to fall back on), you definitely need life insurance. But there are also many other reasons to purchase a life insurance policy. Here’s a few other reasons people opt to get life insurance and what they plan to use if for should something happen to them:
Term life and universal life insurance are two top sellers in life insurance. But they just scratch the surface at the many life insurance plans available. Here’s a quick breakdown of some of the key life insurance plans Corkill Insurance will help you explore:
Universal Life Insurance
A highly flexible, permanent plan that provides a guaranteed death benefit and strong cash accumulation.
Term Life Insurance
The most inexpensive way to get a large amount of life insurance coverage. Level death benefit term periods with guaranteed level premiums for 10, 15, 20, or 30 years. Coverage expires at age 95.
Preferred Whole Life Insurance
Fully guaranteed traditional whole life insurance plan with five premium options. Choose from Single Premium Whole Life, Annual Whole Life, 10 Pay Life, 20 Pay Life, and Life Paid Up at 65. Medical underwriting required for preferred rate.
Simplified Issue Whole Life Insurance
Traditional whole life insurance with five premium options. Choose from Single Premium Whole Life, Annual Whole Life, 10 Pay Life, 20 Pay Life, and Life Paid Up at 65. Guaranteed cash values and premiums.
Transitional Life Insurance
Provides a high, level life insurance benefit during the years you need it the most, and ends with a guaranteed, paid-up policy that will be there for the rest of your life.
Graded Death Benefit Whole Life Insurance
Traditional whole life insurance plan with four premium options. Choose from Annual Whole Life, 10 Pay Life, 20 Pay Life, and Life Paid Up at 65. Guaranteed cash values and premiums.
Single Premium Whole Life Insurance
Increases the legacy you leave to your children or grandchildren. Death benefit is tax-free.
There are quite a few factors that figure into how much life insurance you need. You can get an idea of the level of coverage you’ll need by using this online life insurance calculator, but the life insurance experts at Corkill Insurance will help guide you in the right direction, too. Some of the questions we will ask you include: