Frequently Asked Questions

Let’s answer some questions about life insurance.

Can I get coverage if I have health issues?
Yes! We have solutions for a variety of health needs.

What Is Life Insurance? 

Life insurance is a promise of financial protection. It’s a contract between you and an insurer: 

in exchange for regular premiums or a lump sum payment, the insurer guarantees a payout to your designated beneficiary after your passing. 

                                                                                                                                                           Some policy have Living  Benefits  that can Cover Critical Illness.  Life insurance can ease the burden of unexpected expenses, including funeral costs. 

Do I really need life insurance?

 If something were to happen to you, would your loved ones struggle to cover expenses like burial costs, rent or mortgage payments, and other bills? What about any outstanding medical expenses? Would they have enough to continue living comfortably?

Do  you  want to leave a legacy for my children, grandchildren, other family members, church, or another non-profit?  If you have loved ones who depend on you financially, life insurance is essential.

How do I buy life insurance? 

Always ensure you’re working with a licensed and well-reviewed insurance agent or company. Once you’ve found one you trust, follow these steps:

1. Evaluate  Your Needs: Determine how much coverage you need, for how long, and what you can afford to pay.
2. Consult with us: Discuss your specific needs and financial situation      with your agent to get personalized recommendations.
3. Review Your Options: Look at the various policies available to you, comparing their benefits, premiums, and terms.
4. Make an Informed Decision: Choose the policy that best suits your needs and  budget.

 What is the "Free Look" Period?

You typically have 10–30 days to review and cancel a new policy for a full refund. Depending on your state or territory.

What is a guaranteed issue life insurance policy?

Coverage without medical exams. It is designed for individuals with  health issues. Coverage is typically limited, and premiums may be higher, but it ensures that everyone, regardless of health, can secure a policy.

What’s the difference between term and permanent life insurance?

 Term = lower cost, temporary coverage.  
 Does build up cash value that you can use in the future. Term covers you – as the name suggests  for a term of one or more years. If you die within that term, death benefits are paid out. You can renew most term insurance policies for one or more terms, even if your health has changed, though premiums may be higher. You may also combine cash value life insurance with term insurance for the period of your greatest need for life Insurance to replace Income. 

Permanent insurance  = lifetime coverage plus cash value.

 Due to  the  cash value, the premiums for permanent insurance tend to be higher compared to term insurance premiums. Types Permanent life insurance: whole life, and universal life.

What is an IUL Index universal life? 

 Permanent insurance that links cash value growth to a market index like the S&P 500., while offering a level of protection against market downturns. It provides flexibility in premiums and death benefits, making it a versatile option for long-term financial planning.

What is mortgage Protection?

Mortgage protection insurance  is designed to safeguard your home by ensuring your mortgage payments are covered in the event of your death. This policy provides peace of mind by protecting your family from financial strain and helping to prevent foreclosure during difficult times. 

What does “fully paid up” mean on a permanent life insurance policy?

  Your premiums are complete — your policy stays active for life., and no further payments are needed to keep the policy active. The policy remains in force for the rest of the insured’s life, and the death benefit will be paid to the beneficiaries when the insured passes away. 

How does Cash Value Work in a life insurance policy?

 It’s a savings component that grows tax-deferred inside permanent policies., such as whole and universal life. Part of your premium payments go into this cash value account, which can be accessed through loans, withdrawals, or used to pay premiums. The cash value grows based on the policy’s terms and the insurance company's investment performance.

How can you use the cash value in your insurance Policy?

1. Borrow  Against It: Take out a loan using the cash value as collateral.
2. Make  Withdrawals: Withdraw funds directly from the cash value.
3. Pay Premiums: Use it to cover your policy premiums.
4. Surrender  the Policy: Cancel the policy and receive the accumulated cash value   (minus any fees).

What is long term care?

Insurance that helps cover the cost of extended care for chronic illness or disability that require extended care. This care can include assistance with daily activities such as bathing, dressing, and eating, either at home, in a nursing home, or an assisted living facility

How Much Life Insurance Do I Need?

Typically 10–15 times your annual income. A personalized assessment is best.

Can I Have More Than One Life Insurance Policy?

Yes. Multiple policies can provide full protection for different needs.

What Happens if I Miss a Premium Payment?

There’s usually a 30-day grace period to catch up before risking policy lapse.

Have More Questions?
Call 407-285-1814  — We’re here to help!

Clear Answers. Strong Protection. Real Peace of Mind.

Take  Charge of Your Future — We’ll Help You Protect It.