Final expense insurance can cover a number of costs. This allows loved ones to use the benefits for the expenses they need to pay, as opposed to just covering burial costs. This coverage includes common final costs, such as medical bills, probate or legal fees, and other expenses other policy types don't cover.
Retirement Plans are a category of life insurance plans that are specially designed to meet your post-retirement needs such as medical and living expenses. To ensure that you can enjoy your golden years with financial independence, these policies help you plan for your expenses and secure your future.
Mortgage insurance refers to an insurance policy that protects a lender or titleholder if the borrower defaults on payments, passes away, or is otherwise unable to meet the contractual obligations of the mortgage.
Traditional Life Insurance
Traditional life insurance, also called whole life, provides coverage for your entire life, with a guaranteed amount for your survivors, at a premium that remains the same. You also build up "cash value" with such a policy, an amount you can borrow against if you need money for some emergency.