Call today > (305) 363-5429
Life Insurance Plans
Term Life Insurance
Term life insurance provides life insurance coverage for a specified period, usually ranging from 10 to 30 years. During this period, the unsured pays a regular monthly premium that is typically more affordable than Whole Life. In the unfortunate event that the insured dies within the term, the policy pays out a lump sum death benefit to the designated beneficiaries.
Whole Life Insurance
Unlike Term Life, Whole Life Insurance plans cover the insured for their entire life as long as they pay their premiums. Whole life is different than Term in that there is also a cash value component. A portion of the monthly premium goes towards a growing tax deferred amount that can be borrowed from in the form of a loan or withdrawal.