The security you and your family need.
Life Insurance
Life insurance sure is not a subject that we like to think about or talk about. However, it is something that is necessary to have in place if you have loved ones that count on you for financial support. You need to protect them in case something unexpected happens to you and you can no longer take care of them.
Goodwin Insurance Advisors has several options available for you for whole and term life insurance and can work with you to customize a policy to fit your needs. It is very important to review your life insurance needs annually as your requirements can often change because life happens.
The three major components of a life insurance policy are as follows:
Death benefit, which is the amount of money the insurance company guarantees to the beneficiaries identified in the policy upon the death of the insured.
Premium payments are set using actuarially based statistics
Cash value of the policy which serves as a savings account and to offset the rising costs.
