Life Insurance
gives you and your family security now and in the future
Together, we can develop a financial safety net to secure your family’s expenses, future, and dreams - even after you’re gone.
What is life insurance?
While nobody wants to think about dying, we can’t escape the fact that it will happen to all of us and we have no way of knowing when.
So, if you were to pass away, would your family have a comfortable life, financially?
Paying for a policy while you’re alive ensures financial support for your family after your death in the form of a one-time, tax-free payment that can be used for expenses including funeral fees, loan payments, college savings, and income reserves.
Buying a home
Term insurance is designed to cover debts such as your mortgage
Getting married
You've found the one. Protect your spouse and the plans you're making together.
Starting a family
Life insurance can help make sure your loved ones are safe and secure.
What kind of life insurance
is available?
At Thom & Associates, we offer our clients two styles of life insurance coverage: Term and Permanent.
Both have unique features which are designed to meet your personal needs:
Term Insurance
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Lower cost
-
Fixed payments
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Temporary coverage
-
Option to switch to permanent coverage
Permanent Insurance
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Higher cost
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Flexible payments
-
Lifetime coverage
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Potentially increase cash value
What kind of life insurance
coverage is best for you?
Have life insurance questions? We have answers.
We understand that trying to buy the right life insurance policy can feel confusing. While each case is different, it’s likely that you have a lot of questions, let’s start with the basics. For answers specific to your personal situation, contact our office and book a meeting with an advisor.
How life insurance protects you and your family after your death
While life insurance isn't the most exciting thing to shop for, having it offers life-changing benefits to the people you love most.
✔ Peace of mind
Thinking about your death can be scary. However, with a life insurance policy in place, knowing that your family will be taken care of no matter what can make it much more comforting. Even if you have a pre-existing condition, there may still be a policy available for you to bring extra security to your family.
✔ Compensation for funeral costs
We can’t think of anyone who wants to pay for a funeral. At minimum, life insurance ensures that your family won’t need to spend out-of-pocket to cover your funeral costs.
✔ Financial protection for the future
From outstanding debt to college savings, loss of income and beyond, the money paid out from your life insurance policy can be used for anything your family needs it for.
If you would like to have more control over how your beneficiaries receive your benefit with options to create a payment plan or start a legacy fund, Segregated Funds may be the right fit for you.
Keep your family's future safe with life insurance
If anything were to happen to you, you want the secure coverage to know your family is taken care of. All you need to do is fill out the form on our contact page and a member of our team will be in touch.
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