Insurance Services

Name: Insurance Services
Brand: The World Changers

for your peace of mind

your life.
your family.
your legacy.

All the most important things deserve protection. Getting the right kind of insurance coverage at the right price is a keystone of your overall financial health. We can help you with a wide variety of different insurance types for every stage of your life.

types of insurance

Term Life Insurance

Term insurance is a straightforward type of life insurance designed to provide financial security for a specific period, such as 10, 20, or 30 years. You pay regular premiums, and if you pass away during the term, your beneficiaries receive a payout.

Term insurance generally has lower premiums compared to other types of life insurance, making it a practical choice for many families, especially those just starting out or on a tight budget. It's also perfect for adding extra coverage on top of a permanent life insurance policy, for more temporary needs such as covering a mortgage.

Whole & Universal Life

Whole and universal life insurance are types of permanent life insurance that provide lifelong coverage and an added savings component, which can grow over time. Whole life insurance offers a fixed premium and a guaranteed payout upon death, along with a cash value that grows at a set rate. It’s ideal for those who appreciate stability and predictability in their financial planning.

Universal life insurance, on the other hand, provides more flexibility. You can adjust your premiums and death benefits to suit changing financial circumstances. It also features a cash value component that grows based on current interest rates. Both options are excellent for long-term financial security, allowing you to protect your family with dependable coverage that lasts a lifetime.

Index Universal Life

Index universal life insurance is a flexible type of permanent life insurance that links the growth of your cash value to a stock market index, such as the S&P 500. This policy allows the cash value to increase with market upswings, while providing protection against losses with a guaranteed minimum interest rate.

One of the standout features of this insurance is the ability to withdraw or borrow money from the cash value tax-free. This can be incredibly useful for managing large expenses like education costs or supplementing retirement income, without the burden of taxes. With adjustable premiums and death benefits, index universal life insurance is a powerful tool for long-term financial planning, offering both protection and potential for wealth accumulation.

Instant Approval Life

Typically, purchasing life insurance involves an underwriting process that can take a few weeks and may require medical exams or access to doctor's records. Instant-approval life insurance offers a quicker alternative; those who qualify can purchase a policy online on our platform in just a few minutes.

However, due to the higher risk the insurance company takes by forgoing a traditional underwriting process, the premiums for instant-approval policies might be higher than those for fully underwritten policies. Accelerated issue life insurance provides a middle ground—it usually does not require a medical exam or access to past medical records, yet it often retains the same rates as fully underwritten policies.

Premium Finance

Premium finance life insurance is a savvy strategy for those looking to secure substantial life insurance coverage without tapping into their personal or business cash reserves. By leveraging loans from third-party lenders to pay the premiums, you can maintain your liquidity for other investments while still getting the protection you need.

This approach is not just about safeguarding your family's future; it also offers the potential to build cash value within the policy. The cash value grows over time, providing an additional resource that can be used for wealth accumulation or financial needs later in life. Premium finance life insurance is an excellent choice for maximizing financial security and growth potential.

Disability

Disability insurance is an essential safeguard that provides you with a steady income if you're unable to work due to illness or injury. Think of it as financial protection that ensures your bills, everyday expenses, and medical costs are covered when you can't earn an income.

This type of insurance is particularly crucial for anyone who depends on their paycheck to support themselves and their family. It offers peace of mind, knowing that you're protected financially during tough times.

Long Term Care

Long-term care insurance is designed to cover costs that regular health insurance, Medicare, or Medicaid may not, such as assistance with daily activities like bathing, dressing, and eating when you're unable to do these things yourself due to chronic illness, disability, or aging.

This type of insurance is vital as it ensures that you receive proper care without draining your savings or burdening your family financially, securing not only your future health needs but also protecting your financial assets.

Asset-Based LTC

Asset-based long-term care insurance, also known as hybrid long-term care insurance, combines life insurance or annuities with long-term care benefits.

This type of policy allows you to plan for the future by providing a safety net for long-term care needs, while preserving the value of your investments. If you need long-term care, the policy covers the costs, but if you never use the benefits, the policy pays out a death benefit to your beneficiaries. This approach ensures that your premiums are never wasted and offers a flexible solution to manage potential healthcare costs without depleting your savings.

Types of Insurance