The unfortunate truth is that life is unpredictable. However, choosing the right life insurance policy is one of the ways that you can help your family plan for the future and move forward without significant financial burden.
Give the experienced professionals at ABC Advantaged Benefits Consultants
a call at 318-219-2227
today and let us help you choose the right policy.
Term life is a life insurance policy that covers you for a specified period of time and protects your beneficiaries in the case of premature death.
Whole Life Insurance
Whole life is a life insurance policy that stays in place for the entire life of the insured as long as premiums are paid or the policy is not canceled by the insured. It also has a Cash Value component that allows you to borrow money from the accrued value of the actual policy if needed.
Universal Life Insurance
Universal life is similar to whole life insurance. While the policy premiums of whole life insurance are fixed during the life of the policy, universal life offers flexible premiums.
Guaranteed Issue Life Insurance
Guaranteed issue is generally used as a last resort for people who, for health reasons, cannot qualify for any other type of insurance. Although guaranteed, premiums are generally higher and policy payout amounts lower for this type of life insurance.
Burial insurance is a whole life policy with specific payout amounts used to cover burial expenses for yourself or a covered family member.
Heritage and Charity Planning
Heritage and charity planning is an alternate to the traditional distribution of your wealth and / or assets. Talk to our advisers to see if this is the best option for you or your family.