Protecting your family

 lf you could protect your family's future in minutes, would you? With Life Insurance, you can.  Life insurance allows a family to help maintain its  standard of living by providing income-tax-free money to help pay for  funeral expenses, pay off the mortgage, and pay for college in case you or your spouse passes away.

There are two major types of Life Insurance: Term and Whole.

Term Life Insurance provides coverage for a period of time (the "term"), which is 1 to 30 years. Beyond that period, the coverage ceases. Term Life Insurance can come in the form of level terms and decreasing terms. With level terms, the payout remains the same over the length of the term, whereas decreasing terms have an incremental drop in payouts (usually every year) until the policy's expiration. Almost all term life insurance bought has level payouts.

Whole Life Insurance pays a benefit whenever you pass away -- even if you live to be 100 years old! However, naturally this type of insurance will cost more.