Frequently Asked Questions

What is Life Insurance?

Life insurance is a contract, often called a policy, between you and an insurance company to provide money to a person you designate, in the event that you die during the time the contract is in force. In essence, during your lifetime you pay money, known as the insurance premium, to the insurance company. It promises to pay money to the persons you name, the beneficiaries, at your death. Some types of life insurance also give the policy owner the right to borrow a portion of the cash value within a policy, or to receive an accelerated death benefit if you become terminally ill or require confinement in a long term care facility.

Why buy Life Insurance?

Life insurance gives you the opportunity to prepare for the worst scenario today. Nobody knows what tomorrow may bring, and life insurance protects your beloved, you can forget that in the case of your untimely death.