Life & Health Insurance

When it comes to life and health insurance we offer a wide range of products to make sure you are covered where it counts. We provide life insurance, health insurance, disability insurance, long-term care products, and annuities. Our life insurance products include Term, Whole Life, and Universal Life. The health insurance products include Group plans, Dental, and Vision. We provide both individual and group for our disability insurance. Our long-term care products include all kinds of services to fit everyone's needs. Annuities products include fixed, immediate, and index. Below, let's go over on what each type of insurance is and how they can benefit you!

Life Insurance

Life insurance is a contract between an insurance company and a policyholder that provides financial security for the policyholder's loved ones after their death. In exchange for regular premium payments, the insurance company agrees to pay a tax-free lump sum to the policyholder's beneficiaries when they pass away. Some life insurance policies also offer living benefits, which can be used while the policyholder is still alive.

The cost of a life insurance policy can vary depending on several factors, including:

The type of policy
The policyholder's age, weight, health, gender, lifestyle, and occupation
Risk factors such as smoking

Once a policy is issued, an insurer cannot cancel it based on a change in the policyholder's health status.

Annuities

An annuity is an insurance contract issued and distributed by financial institutions and bought by individuals. An annuity requires the issuer to pay out a fixed or variable income stream to the purchaser, beginning either at once or at some time in the future. People invest in, or purchase, annuities by making monthly premium payments or a lump-sum payment. The holding institution issues a stream of payments for a specified period of time or for the remainder of the annuitant's life. Annuities are mainly used for retirement income purposes. They can help individuals address the risk of outliving their savings.

Disability Insurance

As its name suggests, disability insurance is a type of insurance product that provides income in the event that a policyholder is prevented from working and earning an income due to a disability. In the United States, individuals can obtain disability insurance from the government through the Social Security System. They can also purchase disability insurance from private insurers. Here are some quick insights on disability insurance:

Disability insurance is a type of insurance protecting against loss of income due to disability.
Disability insurance is available through both public and private programs.
Some of the variables affecting the cost of disability insurance include the strictness of requirements for qualifying under the plans; the amount of income to be replaced; the length of time in which benefits are paid; the medical history; and the length of time policyholders must wait before beginning to collect those benefits.

Long-Term Care Products

Long-term care refers to a host of services that aren’t covered by regular health insurance. This includes assistance with routine daily activities, like bathing, dressing or getting in and out of bed. A long-term care insurance policy helps cover the costs of that care when you have a chronic medical condition, disability or disorder such as Alzheimer’s disease. Most policies will reimburse you for care given in a variety of places, such as:

Your home.
A nursing home.
An assisted living facility.
An adult day care center.

View Our Long-Term Care Solutions Guide

Health Insurance

Health insurance is a legal entitlement to payment or reimbursement for your health care costs, generally under a contract with a health insurance company. Health insurance provides important financial protection in case you have an accident or sickness. For example, health insurance may help to pay for doctors’ services, medications, hospital care, and special equipment when someone is sick or injured, often in exchange for a monthly premium. It may help cover a stay at a rehabilitation hospital or even a portion of home health care. Heath insurance can also keep a consumer’s costs down when they are not sick. For example, it can help pay for routine check-ups. Most health insurance also covers many preventive services at no cost, such as immunizations and cancer screening and counseling.