Life Insurance

Life insurance is an important part of a sound financial plan. There are many reasons for purchasing life insurance including:

• Providing family protection and financial security to surviving family members
• Covering a particular need such as paying off a mortgage or other debt upon death
• Paying estate taxes or other final obligations necessary to settle your estate
• Providing long-term care after retirement

Whatever your need may be we can help determine what is right for you.
Term Insurance: Term Life Insurance provides life insurance for a specified period of time such as 1, 5, 10, 20 or 30 years.

Permanent Life Insurance: Permanent Life Insurance offers coverage for a life time. When you pay the premium, you build cash value that is tax-deferred until you withdraw it.

Whole Life Insurance: Whole Life Insurance is insurance that provides coverage for your lifetime. The proceeds of many whole life insurance policies can be used to ease the financial burden of serious illness or long-term care.

Variable Life Insurance: Variable Life Insurance varies from whole life insurance and universal life insurance in that policy owners direct their premium payments among several different investment accounts.

Variable Universal Life Insurance: Variable Universal Life Insurance combines the flexibility of universal life insurance with the investment account features of variable life insurance.

Universal Life Insurance: Universal life insurance is a type of whole life insurance, but differs from other whole life policies as it allows the policy owner to vary, with limits, the amount and timing of premium payments and the death benefits.

People's Financial Advisors is a division of People's Securities, Inc. Investments & Insurance are available through People's Securities, Inc. (member FINRA and SIPC), a subsidiary of People's United Bank.