Understand the Benefits of Term Life Insurance

The benefits are clear and simple. Having Life Insurance coverage today gives you peace of mind that your loved ones will be cared for financially in the event of your death. Life Insurance allows you to plan for and meet your financial obligations for a specific period of time (e.g. the number of years left on a home mortgage or business loan, or until your children are through college and self-supporting). You may also need Life Insurance for business purposes, to cover and keep an employee or business partner.

California life insurance can pay your funeral and burial costs, probate and other estate administration costs, debts and medical expenses not covered by health insurance. It can also cover federal and state death and estate taxes so that your heirs do not have to liquidate other assets or take a smaller inheritance.

Our affordable life insurance policies can even help you create a source of savings. Some plans create a cash value that, if not paid out as a death benefit, can be borrowed or withdrawn on the owner's request.

What are the Different Types of Life Insurance?

Term Life Insurance

Is an affordable way to protect your family’s financial future. You can purchase the amount of protection specific to your financial needs and circumstances and have protection for the following:

• Funeral Costs
• Uncovered Medical Costs
• Mortgage
• Car Loans
• Credit Cards
• Taxes
• Estate Settlement Costs

Universal Life Insurance

Universal Life Insurance is a form of permanent or whole life insurance offering the security of a guaranteed death benefit. Like whole life insurance, universal life policies accumulate tax-advantaged savings, or cash value, which is a return on a portion of your paid premiums invested by the insurance company. At your death, the benefit is paid to your beneficiaries tax-free. Universal Life is a flexible permanent policy that allows you to customize your premiums and death benefit from year to year.

• Final Expenses
• Estate Tax
• Charitable Contributions
• Retirement Income
• Inheritance
• Children or Juveniles
• Special-Needs Family Members