Life Insurance
We are a Full Service Life and Health Insurance Agency focused on insuring your good health and future well being. Expand Your Benefits, Not Your Budget. We are dedicated to providing quality coverage to meet your individual needs at a price that you can afford.
Term and Whole Life Insurance Policies
In its simplest form, life insurance is a promise between an insurance company and you, the policy owner. you pay a certain amount of money (premium) to the insurance company, the insurance company will pay a certain amount of money (death benefit) to the person (beneficiary) you tell us to when the person whose life is being insured dies.
There are many types of life insurance. Term insurance only provides a death benefit for a limited period of time. By contrast permanent insurance can provide a death benefit and the potential to build policy cash value that you can access during your lifetime using policy loans and withdrawals.1 Permanent insurance can also offer the flexibility to increase or decrease your death benefit as your needs change, as well as the potential to reduce or skip premium payments.
There are basically 2 types of life insurances
Term Insurance
Whole Life Insurance
Term insurance is like leasing a car, you pay a set amount for a set length of time but, if you outlive that term, the coverage ends and you get nothing. But it’s usually much cheaper than the other types of insurance.
Whole life insurance is like buying the car. You still pay a set amount over a period of time until it is paid in full, but unlike a car, your cash value builds over time, and will last throughout your lifetime
To help you decide how much coverage is appropriate for you, we offer a free D.I.M.E. analysis?I know what type of Insurance I need, how do I buy it?
Before you can purchase life insurance, you need to qualify for it.
We will ask you to provide us with information that we then use in what is called underwriting. This is the process that an insurance company uses to determine risk.
Second, all of this information is provided to an underwriter. An underwriter is someone who is specially trained to assess your application and determine what risk, if any, may exist. Once all of your information has been reviewed, the company will either approve or deny your request. That process can take days or weeks depending on the information received. your agent will contact you and go over the results of your underwriting and details of your policy.
If you have additional questions or concerns about enrollment call us and speak to an agent at (239) 287-6580.
Differences Between Term and Whole Life
Term Insurance
May make sense for those who have budget limitations, large protection needs or temporary need.
OFFERS:
Guaranteed death benefit for a fixed period.
Fixed premium
No cash value.
Coverage is for a certain period of time (term), usually for a specified number of years or to a specific age of the insured.
Initial premiums tend to be lower but will eventually increase.
Whole Life Insurance
These policies are designed for individuals who want guarantees and who are focused on providing death benefit protection over cash value accumulation.
OFFERS
Guaranteed death benefit.
Guaranteed cash value.
Potential additional cash value by the receipt of any dividends declared by the company. Although not guaranteed, dividend payments are generally declared annually by the company.
Level premiums that are guaranteed to never change.
Each type can have different variations (universal whole life, Indexed universal whole life, variable universal life). As well as different components and riders (child riders, living benefits, return of premium)
Let’s Explore Your Options!
One of the things I enjoy the most is educating people on their options, plans, coverage, premiums and helping them find ways to increase their coverage and save money at the same time. Let’s talk about getting you covered today!
Is your family really protected? Let’s talk about getting you the coverage you need that fits within your budget and the peace of mind you have been dreaming about! – Marc Jacobs
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From Our Clients
Our goal is to always go above and beyond for each and every client and help them find the right plan that best fits their needs and their budget.
“Marc provided great analysis, knowledge, and instruction. Most importantly, he helped me get back on track with affordable health insurance for my family. ”
Jane F.
“After two years of overpaying for my health insurance, I had lost hope that I would ever find an affordable option. I came to Marc and he fixed everything.”
John S.
“Marc is a real credit to his profession. He is helpful, caring, and found solutions for all of my employees. Thank you so much for your assistance.”
Madeline T.
“Marc is knowledgeable, experienced, dedicated and really great at explaining options and finding exactly what is needed no matter what is asked of him. He is resourceful and professional and always ready to answer questions.”
Monica G.
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Licensed in: Florida & Iowa Available in other states NPN #18787884
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