Susan Polk Insurance, Health Insurance Specialists
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LIFE INSURANCE
Term Life Insurance | Whole Life Insurance | Universal Life Insurance

How much life insurance should you carry? Everyone's life insurance needs are different but, in general, an individual's needs are greatest from the time they start their careers or a family until they reach retirement, at which time some individuals' needs for life insurance diminish. It is important to review your life insurance needs often to account for changes in your family's lifestyle. At Susan Polk Insurance Agency, we can help you calculate your needs to help you estimate how much life insurance you require.

Life insurance comes in three types: Term, whole life and universal. Each one has specific components that make them unique. We will look at your specific situation and determine weather term life insurance, whole life insurance or universal life insurance is right for you.

Life insurance can be used for a many of reasons:

Individual Uses
Income Replacement
Inheritance and Estate Taxes
Debt payment and Mortgage Protection
Education Fund for Surviving Spouse or Children
Charitable Donations and Gifts to Family or Friends
Business Uses
Key-Person – Protects the business from income loss due to the death of a key person.
Business Continuation - Funds a buy/sell agreement or stock redemption plan to enable partners or a group of employees to buy the business interest of a deceased partner.
Employee Benefits – It is common to include life insurance protection for employees in company employee benefits plans.

At Susan Polk Insurance Agency, we offer many types of life insurance policies. For more information different types of insurance available, click on the following links.

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