Life Insurance


Key Person Insurance

Key Person Insurance is Life Insurance on an owner, executive, or any "key" employee. Key Person Insurance helps protect the success of a business upon the death of the "key person."

The business is the beneficiary under this policy. 

Buy-Sell Agreement

A legally binding agreement between co-owners of a business. If a co-owner of a business passes away, Buy-Sell Agreement is used to relocate a share of the business. 

Term Life Insurance

Term Life Insurance is a life insurance policy that has a guaranteed death benefit for a specified policy term. Payments on Term Life Insurance tend to be considerably lower than on a permanent policy such as Whole Life and Indexed Universal Life Insurance.

Whole Life Insurance

Whole Life Insurance is designed to provide lifetime coverage. A whole life policy can also be used as an investment tool in addition to providing death benefits to your beneficiaries. Whole Life Insurance Earnings are *usually* tax free. 

Indexed Universal Life (IUL)

Indexed Universal Life Insurance is designed to provide lifetime coverage. All permanent life insurance policies have a death benefit and a cash value portion that can gain value over time. 

An IUL is unique in that it has a minimum guaranteed floor rate. This is designed to keep value on your IUL policy. The interest paid is based on the performance of the index picked i.e. Nasdaq 100, S&P 500