• Tools (Life Insurance)

• Term Life Insurance: The type of life insurance that is maintained for a specific period of time and will pay a benefit if the death of the insured occurs in that time frame.
• Permanent Life Insurance: The type of life insurance that offers lifelong protection and the option to accumulate cash value on a tax-deferred basis.
• Annuity: A long-term savings plan you can purchase from an insurance company to protect your savings for retirement and to generate an income you cannot outlive.