TERM INSURANCE

Coverage for a specific period of time with a predetermined schedule of premium payments. Certain renewable and convertible privileges apply.

PERMANENT INSURANCE

Coverage for as long as you are alive with premiums that are usually guaranteed for life. Some permanent insurance plans allow payment of premiums for a limited number of years, then never again. Typically, there is a choice of payment periods (10, 15, 20 years, to age 65, or to age 100).

UNIVERSAL LIFE

A flexible plan offering customizable insurance solution with the ability to incorporate a savings element which is invested based on policy holders risk profile to provide cash value build up. The death benefit, savings element, and premiums can be reviewed and altered as a policyholder´s circumstances change. In addition, universal life plans allows the policyholder to use the growth from his/her accumulated cash value to offset the cost of insurance premiums on a pre tax basis.

WHOLE LIFE

Coverage sharing many of the same attributes of permanent plans, with a few differences. First, whole life coverage premiums usually carry the highest initial premium outlay. Second, whole life contracts may be credited with policyholder dividends. These dividends could be used to acquire additional coverage, receive cash payments, reduce the number of years of premium payment, or left on deposit to earn interest.

Coverage in the event of a temporary or permanent accident or sickness which disrupts the ability to earn an income.

INDIVIDUAL DISABILITY COVERAGE

Those whose employers do not provide benefits, or whose employer plans have gaps in coverage, as well as self-employed individuals may apply for and acquire their own personal coverage on the open market.

HIGH LIMIT DISABILITY COVERAGE

Traditional Disability carriers have limitations on the monthly benefits that can be applied for which limit the benefits for high income earners.

BUSINESS OVERHEAD EXPENSE DISABILITY COVERAGE

(BOE) coverage is designed to reimburse a business for overhead expenses should the owner experience a disability. Eligible benefits include: Rent or mortgage payments, utilities, leasing costs, maintenance, accounting/billing and collection service fees, business insurance premiums, employee salaries, employee benefits, property tax, and other regular monthly expenses.

CRITICAL ILLNESS INSURANCE

This type of insurance pays out a lump sum benefit upon the confirmed diagnosis of a serious disease or illness. These conditions can include but are not limited to cancer, heart attack, stroke, paralysis, neurological disease. Benefits are designed to be paid 30 days after the survival and diagnosis of one of the covered serious diseases or illnesses.

LONG TERM CARE INSURANCE

This type of insurance coverage provides for the cost of long term care beyond a predetermined period. Long-term care insurance covers care generally not covered by government health insurance. Individuals who require long-term care are generally not sick in the traditional sense, but instead, are unable to perform the basic activities of daily living (ADLs) such as dressing, bathing, eating, toileting, continence, transferring (getting in and out of a bed or chair), and walking.

HEALTH AND DENTAL
Health and Dental insurance plans can be customized and implemented on a grouped or individual (family) basis. These plans usually form part of an employee´s or business owner´s health benefits package. Premiums for certain types of plans can also be either tax deductable or treated as a tax credit.