Life Insurance
Let us clear the confusion between term, whole life, and universal life insurance
One of the most important policies you can secure for your family is a life insurance policy. Yet which one is going to do the best job of providing for your family in case of disaster? At The Morgano Agency, we help you decide if the lower cost of term insurance, the dependability of whole life, or the flexibility of universal life insurance make a better fit for your family.
Term insurance provides a pre-determined amount of money for your beneficiaries in the event of your early death, but it does not cover you beyond the term of the insurance. Whole life insurance can provide life insurance coverage that never expires. The earlier you purchase whole life insurance, the lower your costs will be although costs will generally be higher than term insurance. Universal life can combine the best aspects of term and whole life insurance allowing you to build a cash reserve and giving you flexible premium payments.
So which of these plans fits best into your future and your portfolio? Talk to a Morgano Agency insurance specialist today for a free quote and life insurance consultation. Let us help you find the plan that best secures your family's future.
Why Term Life?
- Lower cost
- Defined benefits
- Choice of terms
Why Whole Life?
- Builds cash reserves
- Protects until death
- Premiums don't increase
Why Universal Life?
- Best of term and whole life insurance
- Cost is usually less than whole life
- Builds cash reserves
- Vary premium payments
Our Providers
- AIG
- Cigna
- Fidelity
- Franklin Templeton
- ITT Hartford
- John Hancock
- Kemper
- MFS
- Ohio National
- Oppenheimer
- Pimco
- Prudential
- Putnam
- Safeco
- T Rowe Price