Life insurance helps loved ones maintain a standard of living and avoid financial hardships after your passing. A general rule is that you may want to seek coverage between five and seven times your gross annual income.

There are two main types of policies: term and permanent. Term insurance generally provides coverage for a specified period of time and pays out a specified amount of coverage to your beneficiaries only if you die within that time period. Permanent insurance, on the other hand, will stay permanently in effect for the rest of your life, as long as premiums continue to be paid.

Contact us to find out what type of life insurance coverage may work best for you.