Life Insurance

Nest Egg. Final Expenses.  Final Security.

Life Insurance is one of the most important purchases you will ever make.  It is easy to put life insurance on the back burner, but in the event of a tragedy, tax income-free life insurance can help pay bills, finance your children’s education, protect your savings, pay your final expenses and more.  It is peace of mind knowing your loved ones will be taken care of when you are gone.

Life Insurance usually falls within two categories: term insurance and permanent insurance (Whole Life).  WHG offers life insurance from several companies including Cincinnati Life Insurance, and Auto-Owners Life Insurance.  Universal, Whole, Term Children’s and Simplified Issue policies are all available with WHG.  Our companies are A+ rated with A.M. Best to protect your future.

Term Life Insurance is insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary.   Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time. Term Insurance is a great way to protect short-term needs like mortgages or college expenses.  Several companies also offer Return of Premium term life coverage.  Ask one of our knowledgeable agents for more information on ROP term policies.

Permanent Life Insuranceis a term sometimes used for life insurance such as whole life or endowment, where the sum insured is due to be paid out at the end of the policy (assuming the policy is kept current) and the policy accrues a cash value.  Permanent insurance is meant for things like funeral costs and final expenses.  Buy as much of this type of policy as you can at a young age to lock in the premium and keep it for your lifetime. 

It isn’t about you. . . . . It’s about those you leave behind!  Protect what matters most!  Call today for a quote or click here for an online quote.