Start with $ 1.00. The best time to start life insurance for your children is when they are young and in good health. Apply online for coverage amounts of $5,000, $10,000, $15,000 or $20,000 in coverage.
Globe Life's adult life insurance is called ExtraLife, which is available in a variety of affordable plans that are simple and guaranteed for life. $5,000, $10,000, $15,000 or $20,000 in coverage. You can use this death benefit for your burial and final expenses. Start for $ 1.00.
Start with $ 1.00 The Family Protector Plan provides up to $250,000 of added security for a covered accidental death. Coverage is guaranteed regardless of health or occupation if you are between the ages of 18 and 69. There are no long forms to fill out and no medical exams are required. The affordable monthly premiums are guaranteed to never increase.
Term Life Insurance � Riders
�Accidental Death Benefit�
also known as �ADB� This term life insurance provision and benefit provides for an additional death benefit in case of death as a result of an accident.
�Accelerated Benefits�
also known as �living benefits�. This term life insurance provision and benefit allows you, under certain circumstances, to receive the proceeds of your term life insurance policy before you die. Such circumstances include terminal or catastrophic illness, the need for long-term care or confinement a nursing home.
�Child Rider�
also known as �Children's Insurance.� This term life insurance provision and benefit provides insurance for all your children, usually from $ 1,000 to $ 20,000 in death benefits. This usually will cover all of your children and you do not always have to notify the insurance company that you have had an additional child. It is usually automatically covered.
There are many ways to protect your business from the lost of key employees. Term Life Insurance can offer many solutions.
Key Person Insurance You have income producing key people that are crucial to your business operations. Key Person Insurance can be purchased by the business for the benefit of both the business and the Key Person's beneficiaries. The policy is funded by the business with the business being the beneficiary and/or multiple beneficiaries. One of the beneficiaries may be the Key Person's family in the event of death. This is one solution to attract and keep Key Employees to your business. Please contact us to discuss the various solutions for your business. Please call us for a confidential discussion on this matter.
This is an agreement between all owners of the business to purchase the deceased owner's share of the business in the event this individual retires, becomes disabled or dies. Buy-Sell Agreements are typically funded by a life insurance benefit sufficient to buy out in case of these unfortunate events. This is typically funded by life insurance. This will provide a cash benefit for both the business and the deceased family. Your business will be able to continue operating and comfortably seek alternative solutions without experiencing loss in revenue. It is important that you check with your legal counsel and tax advisor prior to engaging in a Buy-Sell Agreement. Please call us for a confidential discussion regarding this matter.
The Executive employee will purchase a permanent life insurance policy on his or her life. The company may bonus the employee the premium, which is usually tax � deductible to the employer. The employee controls the policy, including the death benefit and the cash value, which accumulates tax-free until withdrawn. There are many solutions Section 162 Plans and we urge you to speak with you legal counsel or tax advisor prior to engaging in a Section 162 Plan. Please call us for a confidential discussion regarding this matter.
In a Deferred Compensation Plan the employee will defer a portion of his or her present compensation until retirement. If this is a Selective Retirement Plan, the business will provide the funding for a defined benefit or defined contribution to a few key employees. If structured correctly, there will be no taxes due on money until it is dispersed. In some solutions, the plan will pay the executive's spouse a benefit if the key person dies or even a benefit is the executive becomes disabled. Life Insurance is sometimes used as means to provide this solution. There are many components to a Deferred Compensation Plan and we urge you to speak with your legal counsel or tax advisor prior to executing this type of compensation plan. Please call us for a confidential discussion regarding this matter.
