Individual Life Insurance

Life insurance is a product that helps individuals, families and businesses to financially prepare and protect against the unexpected loss of a spouse, partner, parent or key employee.

Reasons individuals consider purchasing life insurance:

• Family Protection
• Final Expenses
• Emergency Fund
• Education
• Mortgage Protection
• Retirement Planning

Reasons businesses consider life insurance and disability income protection:

• Replacement of lost annual income
• Education savings provision
• Inflation protection for surviving family members
• Mortgage protection
• Special needs of surviving family members
• Purpose of the insurance

Factors that contribute to the cost:

• Amount of insurance desired (how is that determined?)
• Permanent or term?
• Date of Birth
• Smoker vs. non-smoker?
• Height and Weight?
• Personal and family history
• Are you taking any medications?
• Any risky or adventurous avocations? (scuba diving, private pilot, etc.)