Individual life insurance helps safeguard the financial future of your family.

Get the reassurance that your loved ones will have what they need with individual life insurance.

  What is whole life insurance?

With whole life insurance, there’s no set period. You usually pay regular premiums until you pass away, at which point the policy pays out. Sometimes you have the option to take a lump sum back while you are still alive, but this will reduce the amount paid out when you pass away. This type of life insurance has slightly higher premiums than term life insurance because it grows cash value over time that can be accessed by the owner, while maintaining the death benefit. It offers a locked in rate so that premiums are predictable. Some policies offer living benefits that can be accessed in the event of a chronic, critical or terminal condition.

  What is universal life insurance?

Universal life insurance works similar way to whole life insurance. You may even borrow money and repay it later; although, if there’s any loan outstanding when you die, the policy’s payout can be significantly affected. Universal life insurance has flexible premium options and offers access to cash value as well. You may even borrow money and repay it later; although, if there’s any loan outstanding when you die, the policy’s payout can be significantly affected. Some policies offer living benefits that can be accessed in the event of a chronic, critical or terminal condition. These policies can act as a financial vehicle to be accessed at the owner’s direction.