Choosing the Right Life Insurance Policy

Understanding the difference between Term and Universal Life insurance policies is key in determining which type of coverage is right for you. Life insurance policies can be more than just a death benefit, they can also assist in achieving financial goals.

Even if your employer provides a life insurance benefit as part of their group plan, in most cases this is not enough to insure the security of your family in the event of your death. MillerWade's Life Insurance Needs Calculator and Human Life Value Calculator can help you to determine how much insurance you will require to meet the future needs of yourself and your family in the event of a catastrophic injury or death.

A few questions you should ask when deciding on the right policy include:

Do You Really Need Life Insurance?
Make provisions for the welfare of your loved ones after your death. Life insurance doesn't have to be confusing or intimidating.

Other Reasons to Consider Life Insurance
Your policy can carry a cash value, to help out with college, education, etc. You can pay estate taxes and funeral expenses with life insurance.

How Can I Choose The Policy That's Right For Me?
Life insurance is a long-term commitment. Before buying any policy, ask yourself these very important questions.

What Are My Options?
There are four basic types of life insurance to meet your individual needs.

Please be aware that all insurance evaluators are designed to estimate the total amount of life insurance that is needed.  Individual circumstances should determine the actual amount needed.  MillerWade Group and its affiliates are not liable for insufficient coverage that an individual may purchase.