While you can’t plan for the many twists and turns life holds, you can find comfort knowing your family is in good hands. A life insurance policy helps to ease your worries when it comes to taking care of your loved ones, even after you’re gone.
A Term Life policy provides a financial foundation for your family when you can’t be there to provide for them. The policy helps cover the living needs of your family and your debt until your children are no longer dependent. Coverage is provided at a fixed rate on a monthly basis for a determined period of time. Once that time expires, the policy may be converted to fit your family’s needs.
A Whole Life policy might be best for you if you are the only income provider in your family. Unlike a Term Life policy, a Whole Life policy covers you for the duration of your life. A Whole Life policy can also be treated as an investment opportunity for building wealth over time.
A Universal Life policy is a third form of Massachusetts Life insurance. This type of policy’s coverage can be altered to fit your needs, with premium payments that are flexible.
Employee Life Insurance
Small business owners have options when it comes to providing life insurance policies for their employees. You can offer life insurance on a group basis through purchasing a policy to fund a buy-sell agreement. You also have the option of purchasing a Keyman Insurance Policy to protect your company should you lose a key employee.
If you want a good life for your family, then a Massachusetts life policy can help you gain the confidence to succeed. By removing the risk of financial ruin due to an untimely death, you can take on financial obligations and feel secure that your family will be taken care of. As your life changes and moves on, your insurance needs will too. We can help you decide whether term life, whole life or a combination of both will meet your objectives.