Wealth &
Protection Planning

Life Insurance

Life insurance can help provide for the people who depend on you financially, if you can't be there for them.  The money can be used for final expenses, help to replace your lost income, cover debts, pay your mortgage, fund a child's education, and more. 

There are two types of life insurance:
  • Term life insurance offers simple, affordable coverage for a set time period, typically 10 to 30 years.
  • Permanent life insurance offers coverage for your lifetime with the potential to build equity in the form of cash value and options for more flexibility.

Many people find that a combination of both types of life insurance helps them meet both immediate needs and long-term goals. 

Contact a STRIVE Wealth Advisor for more information about life insurance. 

Cash value can be accessed through loans and/or withdrawals, but these will reduce the death benefit. In addition, withdrawals from some policies may be subject to surrender charges and could have a permanent effect on the cash value and the death benefit.

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