Common Questions

Term life insurance provides coverage for a specific period, usually 10, 20, or 30 years. If the policyholder passes away during this term, the beneficiaries receive the death benefit. Whole life insurance, on the other hand, offers lifetime coverage with an added cash value component that can grow over time.

he coverage you need typically depends on various factors including your income, debts, lifestyle, and financial goals. It’s generally advised to have coverage that’s 5-10 times your annual income, but it’s best to consult with our agents for a tailored assessment.

For term life insurance, premiums are usually fixed for the duration of the term. For whole life or other types of permanent insurance, the premiums can be more consistent, but it’s essential to read the policy details or discuss with an agent to understand the specific terms.

Typically, there’s a grace period (often 30 days) after the due date to make the payment without losing your coverage. If the payment isn’t made within this period, the policy may lapse. It’s important to communicate any payment difficulties with your agent so they can guide you on possible solutions.

Yes, many policies offer the flexibility to adjust or increase coverage based on life events like marriage, birth of a child, or buying a home. It’s always recommended to periodically review your policy with our agents to ensure it aligns with your current needs.

Most life insurance policies have certain exclusions, such as deaths resulting from suicide within a specific timeframe or from certain high-risk activities. It’s vital to thoroughly review your policy documents and discuss any concerns with our agents to understand the complete terms.