Secure your future with Dividend Financial
-Whole Life
Whole Life is a type of permanent life insurance policy that lasts your entire life and provides a guaranteed death benefit to your beneficiaries. It also builds up a tax-deferred cash value over the life of the policy that the policyholder can borrow against. Whole Life is great for covering final expenses, replacing income, and leaving legacies. We also have guaranteed issue policies for those in poor health.
-Term Life
Term Life insurance pays out a death benefit to your beneficiaries if you die during a specified time period (ex: 10 or 20 years). Some term policies come with living benefits that allow you to access a portion of the death benefit while living if diagnosed with a chronic, critical, or terminal illness. Term also allows you to buy a higher coverage amount at a lower premium which can make it more difficult to qualify for but also makes it great for covering big ticket items like a mortgage or income replacement.
-Indexed-Universal Life
Indexed-Universal Life is a type of permanent life insurance policy. Similar to Whole Life, an Indexed-Universal Life policy grows a tax-deferred cash value over the life of the policy, however the growth is based on the performance of the stock market giving you the potential for higher returns. In this policy you can get more coverage for a lower premium than a traditional Whole Life, but it can be more difficult to qualify for.
-Accidental Death
An Accidental death policy will cover the insured in the event of an unnatural death (ex: car accident). While it is limited in what deaths it will cover, this makes it very affordable allowing you to get a large coverage amount for a small premium.
-Children's Life
Available in both Whole Life and Indexed-Universal Life, buying a life insurance policy for your child or grandchild allows them to protect their insurability down the road while steadily growing cash value over the length of the policy for flexible uses.