Products
Final Expense
Final expense insurance is a small whole-life policy (usually $5k–$30k in coverage) meant to cover funeral and end-of-life costs so your family isn’t stuck with the bill. It lasts for life, premiums stay the same, approval is usually quick with no medical exam, and it pays a cash benefit to your chosen beneficiary.
Whole Life
Whole life insurance is permanent coverage that lasts your entire life as long as you pay the premiums. The premiums stay level, the policy builds guaranteed cash value that you can borrow against, and some policies even pay monthly dividends. It costs more than term life but provides lifelong protection plus a built-in savings component.
Term
Term life insurance covers you for a set period (e.g., 10–30 years). If you pass away during that term, it pays a death benefit to your beneficiaries; if you outlive it, coverage usually ends with no payout. It’s the cheapest way to get a large amount of coverage, but it has no cash value.
IUL
Indexed Universal Life (IUL) is permanent life insurance with flexible premiums and an adjustable death benefit. Its cash value earns interest tied to a market index (e.g., S&P 500) using caps and a 0% floor—so you get some upside potential without market-loss credits. You can borrow or withdraw from the cash value but results vary by policy and funding.
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