Life Insurance
Find the right life insurance policy for your needs.
When you start thinking about life insurance, odds are that you're thinking about protecting your family, both now and in the future. And that's a great place to start. But life insurance can do so much more. While everyone can benefit from life insurance, you may want to consider one type more than another, depending on where you are at this point in your life.
We're here to help you figure that out. Our personal guidance, flexible options, convenient ways to pay, and history of financial strength make us the company to turn to when you're ready to start thinking about life insurance.
Get to know different Life Insurance
Term Life Insurance
Term Life Insurance provides affordable, straightforward protection for a set period—typically 10, 20, or 30 years. It’s designed to offer financial security for your loved ones by paying a tax-free death benefit if you pass away during the term. This type of coverage is ideal for those looking to replace lost income, cover debts, or ensure their family's financial stability. At MFIVE & Associates, we help you choose the right term policy to fit your needs and budget. Protect what matters most—because financial security shouldn’t be temporary.
Whole Life Insurance
Whole Life Insurance provides permanent coverage with guaranteed benefits that last a lifetime. Unlike term insurance, it never expires as long as premiums are paid, and it builds cash value that grows over time. This makes it a powerful tool for financial security, wealth accumulation, and legacy planning.
With a Whole Life policy from MFIVE & Associates, you get:
- Lifetime Protection – Guaranteed coverage that never expires.
- Cash Value Growth – A built-in savings component that grows tax-deferred.
- Fixed Premiums – Locked-in rates that never increase.
- Tax-Free Benefits – A tax-free death benefit for your loved ones.
Indexed Universal Life (IUL) Insurance
Indexed Universal Life (IUL) Insurance is a powerful financial tool that provides lifelong protection while allowing you to build cash value linked to the performance of a stock market index. Unlike traditional life insurance, IUL offers flexibility in premium payments and the potential for tax-advantaged growth, making it an excellent option for wealth accumulation and legacy planning.
With an IUL policy from MFIVE & Associates, you get:
- Lifetime Coverage – Protection that lasts as long as you do.
- Market-Linked Growth – Cash value growth tied to an index, with downside protection.
- Tax-Free Benefits – Tax-free death benefit and potential tax-free income in retirement.
- Living Benefits – Access cash value for emergencies, retirement, or major expenses.
Are You Looking to Create or Update Your
Life Insurance Plan?
Contact us today and we'll get you connected with one of our MFIVE & Associates who can help you build your personal Life Insurance Plan!
Life insurance FAQs
As soon as you're born are shortly there after. Keep in mind that life insurance is based on your age, health and coverage amount. We aren't getting any younger and usually our health declines as we get older. This is why its important to own a policy at a younger age. More affordable = More coverage.
Not as much as the price of not having it will cost your love one's! Often times life insurance can be owned for as little as a dollar a day. It all depends on the age, coverage amount and health. The younger (sooner) the better (cost).