Which type of insurance is right for you?
LIFE
Life insurance financially protects the policyholder's dependents in the case of his or her death. Permanent life insurance offers protection as long as the policy holder is living, usually combining a death benefit with cash savings. Term life insurance offers protection for a set period of time or "term."
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DISABILITY
Disability insurance is a unique type of insurance that pays some or all of a worker's salary if that worker becomes disabled due to injury or illness and is unable to earn an income. The Council for Disability Awareness reports that one in four workers will be disabled at some point during their career.
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LONG-TERM
Long-term care insurance is designed to cover the costs that may come later in life if you are not able to care for yourself. It can help pay for home care, adult day care, respite care, and hospice. It can also cover Alzheimer's and residential care in assisted living or nursing home facilities.
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ANNUITIES
Annuities pay out a steady income stream and is often part of a retirement strategy plan. These income streams can be received monthly, quarterly, annually, or in a one-time payout. With longer life expectancies and doubts about Social Security, annuities may be the retirement plan you're looking for.
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Insurance Quick Facts
