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Life Insurance 

Peace Insurance Group understands that protecting the financial security of your loved ones is of utmost importance to you. Life insurance is a great tool to provide peace in that area of your life.
 

Whether it be not burdening them with the costs associated with your end of life expenses, helping ensure they have adequate finances should you unexpectedly die during your earning years, or leaving them a lasting legacy, Peace Life Group offers a variety of life insurance solutions to assist you in caring for your family.

There are three types of life insurance –
Whole, Universal and Term Life Insurance.

Whole Life Insurance

Permanent Life Insurance offers guaranteed level premiums and life insurance protection for your whole life. Permanent Insurance policies may accumulate cash value, which can be accessed should an unexpected need arise, can be used as capital or get added as death benefit. There are a variety of ways to set these polices up to meet your needs or goals. Often coverage starts at 5k and goes up to 50k, although we have options up to a million in coverage. 

 

Universal Life Insurance
These plans are very flexible in design, where you can pay into them for many years or even just a few depending on your needs and goals. They also have the ability to earn interest and that money can be used to even help pay the policy premiums later in life.  They do require more management at times but can have higher return on your investment than other options. We have coverage amounts as low as 100k and upwards of 5 million as well. 

TERM LIFE INSURANCE

Term Life Insurance generally provides a lower cost option if you are seeking coverage for only a limited period of time. Term policies typically do not offer cash value accumulation, but some policies allow you to convert the policy to whole life after a certain amount of time should you need to do so. Terms range 10-30 years and when they expire coverage goes away. Coverage levels of 100k- 5 million dollars are available with our agency.

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