About Life Insurance

The two types of life insurance are term and permanent. The one that's right for you depends on many factors, including your budget, the amount of coverage you need, and the length of time you'd like the coverage to last.




Life insurance provides a death benefit, money that your beneficiary or beneficiaries can use for whatever purposes they choose, helping to:

• Pay your last expenses, which may include estate taxes and burial costs
• Replace your income and helping to maintain your family's standard of living
• Protect your family's home by enabling them to pay off the mortgage and other debts
• Pay others to do some of the tasks you do routinely, such as caring for an aging relative or a child, maintaining the yard or home, etc., or having the option to take time to do these things him- or herself
• Ensure a child can go to college
• Provide supplemental retirement income for your spouse or partner
• Provide funds to help settle an estate
• Pay expenses incurred to keep your small business in the family

An important part of a sound financial plan, life insurance provides a valuable financial security and protection. Strategic Financial Insurance can help you put together a life insurance plan that fits your budget and your needs.