Individual life insurance throughout Ohio in Steubenville, Youngstown and Canton.

You can’t put a dollar amount on your family, but you can ensure their future is protected. We can’t predict when the unexpected will happen, but we can help you prepare for it when it does.

Individual life insurance is arguably the biggest investment you can make in your loved ones’ security. It’s a complicated field, but don’t let that put you off. We’ll be happy to talk you through the options.

First, you’ll need to determine the type of life insurance you want to buy, with the most common types being term life insurance, whole life insurance and universal life insurance.

To put it very simply, with term life insurance you pay regular premiums for a set amount of time and the policy only pays out if you die during this time period.

With whole life insurance, there’s no set time period. You usually pay regular premiums until you die, at which point the policy pays out. Sometimes you have the option to take a lump sum back while you are still alive, but this will reduce the amount paid out when you die.

Universal life insurance works in a similar way to whole life insurance, but you have more flexibility about taking money early. You can even borrow money and repay it later; but if there’s any unpaid loan balance when you die, the policy’s payout can be significantly less.

The premiums you pay depend on your age, medical history, and the amount you want the policy to pay out. So, it’s important to let the experts like us help you determine what plan is right for you.

Contact us and we’ll walk you through the options.