Life Insurance
Life Insurance
If you’re looking for life insurance, we can help at TMG Insurance Services. Life insurance provides financial security in the event you pass away. It can fulfill a variety of needs from protecting your loved ones and family to providing income at retirement to funding a business in the event of a loss. Life insurance plans can range from temporary coverage to various forms of permanent coverage that can last forever and provide financial security.
At TMG Insurance Services, we’re here to help you analyze your financial situation, navigate through your life insurance options and choose the right policy that fits your needs. Policies range from various term policies to different versions of permanent policies and, based on your budget and goals, we can tailor and design the most optimal solution that will maximize the benefits to your family and/or your business. Our goal is to provide peace of mind to our clients!
Types of Life Insurance Policies
When it comes to life insurance policies, you’ll find there are many options out there. Some examples include:
- Term Life Insurance: Offers fixed-rate temporary coverage for a specific period of time. Examples include 10, 20, or 30 year periods.
- Whole Life Insurance: This is a guaranteed permanent life insurance plan that builds cash value based on a fixed interest rate over time. Great for long term benefits which include death benefit and guaranteed cash value.
- Universal Life Insurance: This is another type of permanent life insurance plan that offers increased flexibility, with an variable interest rate that can either be a fixed or variable linked to the stock market. Offers more flexibility than whole life insurance because you can vary your premium payments. These policies can also be guaranteed if structured appropriately.
- Final Expense Life Insurance: This is a smaller life insurance policy that only offers coverage for just final expenses which includes funeral costs and outstanding medical debt.
Navigating through different life insurance plans and options can be a difficult process. It is important that you first understand your needs and then look for the best plan to fulfill those needs. At TMG Insurance, we have over 25 years of experience helping clients with their life insurance needs from family planning to business planning to estate planning. As an independent insurance agency, we partner with a wide range of top-tier insurance companies to protect your needs. To discuss how we can help please reach out to us.
Request a Quote
Get Life Insurance
Benefits of Life Insurance:
- Provide financial security to your family
- Protect your business
- Provide supplemental income for retirement
- Cover final expenses and debts