Life Insurance

Protect what matters most to you.

Top 3 Reasons to Purchase Life Insurance:

1. Financial Protection for Loved Ones: One of the primary reasons to purchase life insurance is to provide financial security to your loved ones in the event of your untimely death. Life insurance can help replace lost income, pay off debts, cover funeral expenses, and ensure that your family can maintain their lifestyle and meet financial obligations without hardship.
2. Debt and Estate Planning: Life insurance can play a crucial role in estate planning, especially for individuals with significant assets or business owners. It can be used to pay off estate taxes, debts, and other financial liabilities, ensuring that your assets are passed on to your beneficiaries as intended.
3. Peace of Mind and Future Planning: Life insurance provides peace of mind, knowing that your family's financial well-being is protected. It can also serve as a savings or investment tool, with certain types of life insurance accumulating cash value over time, which can be accessed for various purposes during your lifetime.

There Are 3 Main Types of Life Insurance Available to you:

1. Term Life Insurance: Term life insurance provides coverage for a specified period, such as 10, 20, or 30 years. It offers a death benefit but does not accumulate cash value. Term life insurance is generally more affordable, making it a popular choice for individuals seeking temporary coverage during periods of higher financial responsibility, such as when raising a family or paying off a mortgage.
2. Whole Life Insurance: Whole life insurance provides coverage for the entire lifetime of the insured individual. It offers a death benefit and also accumulates cash value over time, which can be borrowed against or withdrawn. Whole life insurance premiums are generally higher than term life premiums, but the policy provides lifelong coverage and a guaranteed cash value component.
3. Universal Life Insurance: Universal life insurance is a flexible type of policy that combines a death benefit with a cash value component. It allows policyholders to adjust their premium payments and death benefit over time to suit their changing financial needs. Universal life insurance provides more flexibility and potential for growth in cash value compared to whole life insurance.

Choosing the right type of life insurance depends on individual circumstances, financial goals, and budget. A United Heartland Insurance Agencies professional can help you assess your needs and determine the most appropriate life insurance coverage for your situation.

Note there are some products and services may not be available in your area.

Coverage options available

We bring you multple quotes on all coverage needed.