Term, whole, and final expense policies sized to what your family actually needs. Enough to cover the mortgage and the kids, without paying for more than that.
Coverage for a defined period, typically 10, 20, or 30 years. It pays a death benefit if you pass away during that term; if you outlive it, coverage ends. Term is the most straightforward and most affordable type of life insurance, and it's often the right fit when you have a mortgage, young children, or income that others depend on. Lock in your rate while you're healthy, because premiums increase with age.
Lifelong coverage that doesn't expire as long as premiums are paid. Whole life also builds cash value over time, money you can borrow against for major expenses. Premiums are higher than term, but they're fixed for life and the policy accumulates value. It's a longer-term financial tool, and whether it's the right fit depends on your specific situation. I'll walk you through the trade-offs honestly.
A smaller whole life policy, typically $10,000 to $25,000, designed to cover funeral costs, medical bills, and other end-of-life expenses. It ensures your family isn't left managing financial logistics on top of everything else. Approval is typically easier than standard life policies, and coverage can begin quickly. A practical option if your primary goal is to handle those final costs without burdening loved ones.
A common starting point: 10 to 12 times your annual income, plus any debts you'd want cleared. But your actual number depends on your mortgage balance, how many years of income your family needs, childcare costs, and existing savings. I'll help you work through it, and find the right amount without pushing you toward more coverage than you actually need.
Send me a few details and I'll compare life insurance options across the carriers I represent. No obligation, no oversell, just a clear look at what actually fits.