Life Insurance

Plan for the Future with Life Insurance

Too many times retirees mistakenly think their current life insurance coverage is adequate to cover all costs due to the loss of a loved one. There are many areas people overlook when evaluating their coverage. Funeral costs and arrangements increase every year. Unpaid bills, estate planning, real-estate transfers and lost income can devastate surviving family members. It is important to have life insurance evaluations completed every year to ensure adequate coverage.

Click the link below for information about the life insurance plans your PFG Agent can help educate you on and offer you.

Term Life Insurance: Term Life Insurance is the least expensive way to purchase death benefit. Term Life Insurance provides coverage at a fixed rate of payments over a period of time.

Whole Life Insurance: Whole Life Insurance is a life policy that remains in force for the insured’s “whole life”.  It provides protection for as long as you live.

Universal Life Insurance: UL, or Universal Life, is a permanent policy that allows you the flexibility to customize the coverage and premiums.  Under the terms of the policy, any excess premium payments above the cost of the insurance is credited to the cash value of the policy.

Final Expense Insurance: Final Expense or Burial Insurance is an affordable way to protect your loved ones financially by providing the necessary resources to cover your funeral costs, other final expenses or outstanding debts.

The type of coverage should be taken into consideration before purchase.  Pioneer Financial Group has local Agents to help determine which policy type is best for your family’s need and budget.  Contact a Local Agent Today!

Insurance product availability and benefits may vary by State.

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