Our Life Insurance Can Help You Meet Your Responsibilities Now...and in the Future
There are many reasons to start your life insurance program. By starting now, you take advantage of your present good health and help protect against the consequences of becoming uninsurable later on. Also, life insurance bought today can build cash values that can be used for future family needs, emergencies or business opportunities.
Advantages of Starting Your Life Insurance NOW
- Low Premium Rates.
- You will never be able to buy the same policy at a lower premium than you can today.
- More Cash When It's Needed.
- Starting now puts time on your side. A life insurance program started today will provide larger values at retirement.
- An Immediate Estate.
- Whatever type you choose, life insurance proceeds can provide funds to help your loved ones pay final expenses, student loans or car loans.
- A Plan For The Future.
- With the Guaranteed Insurability Option, our life insurance program you set up today can guarantee the opportunity to buy additional life insurance regardless of your health.
Selecting a Plan Right For You
The purchase of a life insurance plan can seem confusing. Building a sound life insurance program means purchasing the type and amount of life insurance that best meets your specific needs. The most common types of life insurance today are term, permanent and universal life. Whatever plan you choose, now is the best time to buy life insurance.
- Term Insurance
- •Term Insurance is temporary insurance purchased for a specific period of time.
- •The death benefit is paid if you die within the period of coverage.
- •If your life insurance needs change to permanent needs you can convert your term policy, while in force to any permanent plan offered by the Company. This can be done regardless of your health.
- Permanent Life Insurance
- •Permanent Life Insurance can guarantee a specific amount of money payable to a beneficiary no matter when you die.
- •Premiums are general level and are payable for life.
- •It remains in force, regardless of any future health impairments, for as long as timely premium payments are made.
- •Cash values are not subject to federal income tax unless the policy is surrendered.
- •State Farm pays dividends on some policies. However, dividends are not guaranteed.
- Universal Life Insurance
- •Universal Life Insurance offers many of the advantages of a permanent life insurance plan, like lifelong protection and tax-deferred accumulation of cash values.
- •The cash value earnings are tied to the Company's current interest rate. The policy guarantees a minimum interest rate.
- •Coverage amount and premium payments are flexible to help meet changing needs during each stage of life.
Don't delay -- Find out today how to save on Life Insurance. Call us at 607.563.9955 (Sidney), 607.433.0989 (Oneonta), 607.637.5453 (Hancock), or fill out our convenient online simple information request form. |
