Alliance West Insurance

LIFE INSURANCE

LIFE INSURANCE…IT'S FOR THE LIVING! PROTECT YOUR FAMILY FROM THE UNEXPECTED.

Life insurance is a crucial step in planning for you and your family's future. It can fulfill promises and obligations to your family if you are no longer living.

Reasons people purchase life insurance include:

To replace steady income in case of the death of a wage-earner
To pay off funeral costs
To pay off a mortgage fund or other personal debts
To create a fund for children's educations
To create a family emergency fund

TERM LIFE INSURANCE

Term Life Insurance provides protection for a specified period of time. Initially, the cost is low for this type of plan, but premiums will increase as you age. Term is for temporary simplified coverage and has no cash value. However, these plans may generally be easily converted to permanent coverage.

PERMANENT LIFE INSURANCE

Permanent Life Insurance consists of a variety of plans from fully guaranteed premiums, values and death benefits to complete flexibility of premiums, interest rates, underlying investment and death benefits options, and anything in between. The cash value earned and borrowed from a permanent life insurance policy can be used to help with emergency expenses, college costs or retirement income. Policy loans reduce cash values and death benefits. Your need for life insurance is dependent on your personal and financial needs and goals. As your life changes, your life insurance coverage may need to be updated to adapt to your new needs. We offer a wide variety of coverages to provide what is right for you, now and in the future.

Whole Life Insurance is for permanent coverage, with guaranteed premiums, death benefits and cash value growth.
Universal Life Insurance is for permanent coverage, flexibility and less emphasis on cash value.
Variable Universal Life insurance is for permanent coverage, and potentially higher cash value through investment options, but you accept some risk.
Survivorship Life Insurance is for lifetime protection for two people that pays a benefit upon the passing of the surviving insured.