As the insurance market continues to change at a rapid pace, our team will always be well informed and in a position to help you make the right coverage decisions at the right time. AssureSource’s consultants have years of experience educating seniors and families in local communities. It would be our privilege to be the trusted resource for your insurance solutions.
Term Life Insurance is Life Insurance defined by a specific time period or “term”. During that term, your premiums (payments) and death benefit are typically level. If you die during the term of the agreement, your beneficiaries will receive the face amount of your policy. If you outlive the term, then the policy will end or the premium will rise significantly.
Term Life is usually suitable for younger buyers that have a long life expectancy. In these situations, a person can get a large amount of coverage for a low premium. As you age, premiums go up and available terms go down. AssureSource advisors have access to many top rated Life Insurance companies and can assist in finding the best match for your needs.
Whole Life Insurance is permanent insurance or insurance that lasts your lifetime. Premiums are level and guaranteed. As time passes and more premiums are paid, your policy accumulates a cash value that grows on a tax-deferred basis. Policy owners can borrow against a Whole Life policy for any purpose. Loans do require you to pay interest and any borrowed amounts not paid back are deducted from the payout to your beneficiaries at the time of your death.
When the unexpected occurs, you don’t want to leave your family with expenses for which they are unprepared to incur. Final Expense insurance is a simplified issue Whole Life insurance designed to give you and your family peace of mind and the funds to pay for your final expenses.
Prepare today with a Final Expense Whole Life Policy! The companies we represent offer great rates, service, and personal attention when a loved one passes away.
Indexed Universal Life is life insurance coverage that provides a death benefit while premiums can earn interest and the policy can grow cash value.
Unlike other life products, Indexed Universal Life policies credit interest based on a declared rate and/or a selected stock market index. Your premium payments do not participate directly in the market and your interest credits are never less than zero.
Guaranteed Universal Life offers permanent coverage with the affordability of term insurance. GUL has a level premium and can provide coverage for 90 years up to 121 years. These products can be a useful tool for protecting your estate, final expense planning, and social security planning strategies.