Life Insurance

Life insurance can help provide financial support for your family in the event of your death. Whether you select a term or permanent policy, your premiums secure a “death benefit.”


Monetary Death Benefits

Even if you’re on your own for the first time, just getting married, starting a family, or simply enjoying retirement – life insurance can help provide monetary death benefits to those you designate as beneficiaries.

Cash Value Accumulation

But life insurance can serve for more than just “death protection.” Some life insurance products combine death protection and savings. These products can be useful during your lifetime, not just after it. They can help you achieve your financial goals through cash value accumulation, which can help with college or retirement savings.

There are many reasons for buying life insurance. If you’re the primary wage earner in the family, life insurance is a good way to help provide your family with a stable financial future. If you aren’t the primary wage earner in your family, it’s important to have insurance to help cover the financial burden of childcare, funeral expenses, and other unforeseen costs.

While it’s difficult to face our own mortality, planning for it can ease the burden our loved ones will face later. Purchasing life insurance can help make a difficult situation easier by providing death benefits for:

  • unpaid medical bills
  • income replacement for survivors
  • final expenses like burial costs
  • unplanned or emergency expenses
  • your mortgage balance
  • future education funds for your children

Remember, you can also use some life insurance products to help you establish an estate plan as a component to your savings strategy for retirement income, or even to pay for estate taxes. 


For more information or to start your policy today, contact our sales representatives at 1-866-351-MSIG(6744)