LIFE INSURANCE OPTIONS WITH THRUCORE
ThruCore is committed to empowering choices through education.
Otherwise known as Whole Life Insurance - this product is used for permanent protection.
The policy stays in-force for the life of the policyholder, as long as premiums are paid.
The cost of a whole life policy is usually greater than the cost of a term policy. A whole life policy also has a built-in savings component that builds cash value over time. This cash value can be accessed in the form of dividends depending on the terms of the contract.
TERM LIFE INSURANCE
Term Life Insurance is the most straightforward form of life insurance and also the most inexpensive.
Term Life Insurance provides death benefit protection for your family and loved one in the event of an untimely death.
Term life insurance only lasts for a set number of years and if not converted within that time frame it expires leaving you and your loved ones without protection.
It does not provide permanent protection.
UNIVERSAL LIFE INSURANCE
Universal Life Insurance is permanent insurance that provides flexible premium payments.
This unique flexibility includes how much you pay and when you make those payments.
The good part of this type of policy is the fact that you are also able to earn interest and accumulate cash value.
The cash value can also be accessed throughout your lifetime. The cash value and the protection is determined on the goal you would like to achieve. You get to design the policy accordingly.
This can also be used to supplement your retirement needs.
INDIVIDUAL DISABILITY POLICY
Individual Disability Policies help to protect your paycheck in the event of unforeseen circumstances.
You may be eligible for benefits if you experience an event that prevents you from earning an income because of a disability caused by accident or illness.
Disability insurance plays a vital role in keeping the roof over your head and food on the table for those who depend on you.
This form of insurance provides peace of mind knowing your income is protected against the unknown.
Watch some select educational videos below to learn more about your life insurance options.