Life Insurance

Life Insurance is about protecting families with peace of mind. Term and Permanent Insurance are the two main types of Life Insurance: 

• Term Life policies offer protection for a specified time period with a death benefit payout if the covered individual dies while the policy is active. Term policies are generally the least expensive option and have level premium payments for the specified term duration.
  
• Permanent Life policies include Whole Life, Universal Life, Indexed Universal Life, and Final Expense. Although the products are offered at a higher cost than Term Life, they can offer lifelong coverage and a savings component. Part of the premiums paid goes toward building cash value that grows over time and can be accessed through loans or withdrawals. Click Here to Watch a 10-minute video on the importance of having Permanent Life Insurance.

Today’s Life Insurance options are varied and designed to help meet with your clients’ needs. People live longer, work longer, and even pursue second or third careers, so Life Insurance products cover far more than just final expenses and cash value.

Our Benchmark team curates products that provide the most suitable value for your clients. This can include (but not limited to) living benefits, robust cash value growth for supplemental income, short and long-term care, business policies, legacy planning, and much more! Lean into our expertise and learn how to create a financial safety net that protects your clients and their loved ones.