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Glossary
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Life Insurance can mean the difference between security and disaster for you and your family. Choosing the right life insurance is an important decision, but can be confusing.
At Specht Insurance Group Ltd., a licensed agent can help you plan for the inevitable. Our skilled staff will not only help you choose the right life insurance product to meet your financial needs, but will also work hard to get a product that is affordable to you.
Let us help you ensure that your loved ones are protected against financial hardship. Complete the on-line quote form and one of our professionals will contact you regarding this important financial decision.
The following is a sampling of the various types of life insurance products
available:
Term — set policy period, usually 5, 10, 15, 20 or even
30 years
Whole Life — policy period for your entire life
Variable Life — investment oriented whole life
Universal Life — premiums are flexible, not fixed; protection
is adjustable, not fixed.
Variable Universal Life — combination of Variable and
Universal Life policies.
