Broker Check

Life Insurance

Taking Care of What Matters Most

Although unexpected events in life can be inevitable, it doesn’t mean that you can’t be prepared for them. Our experienced professionals at My Financial Gal can find a life insurance policy tailor-made to fit your circumstances in the event of the unexpected so that you can protect your family no matter what.

What Type of Life Insurance Do You Need?

Every subcategory of life insurance policies fall under two main types of life insurance: term life insurance and permanent life insurance. Term life insurance policies only last for a limited number of years, so if you live throughout the term that the policy specifies, the policy will expire without a payout. Permanent life insurance covers you for the entirety of your life with no set time frame; however, they also include a cash value component, whereas term life insurance does not.

These are the different types of life insurance policies that you can find with term life insurance: 

These are the different types of life insurance policies that you can find with term life insurance: 

  • Term life insurance
  • Simplified issue life insurance
  • Guaranteed issue life insurance
  • Group life insurance
However, if you are covered by permanent life insurance, you can qualify for these types of life insurance policies: 

However, if you are covered by permanent life insurance, you can qualify for these types of life insurance policies: 

  • Whole life insurance
  • Universal life insurance

  • Variable life insurance

  • Indexed universal life insurance

  • Simplified issue life insurance

  • Guaranteed issue life insurance

  • Group life insurance

If one or more of these types of life insurance sound like they could be the right fit for you, contact usoday to learn more about how we can help you get the coverage you need for you and your family.

mlyle@brokersifs.com |  775-527-6924

Variable life and variable universal life insurance policies are offered by prospectus. Please consider the investment objectives, risks, charges, expenses, and your need for death-benefit coverage carefully before investing. The prospectus, which contains this and other information about the variable life or variable universal life policy and the underlying investment options, can be obtained from your financial professional or the insurance company. Be sure to read the prospectus carefully before deciding whether to invest. The investment return and principal value of the variable life or variable universal life policy is not guaranteed. Variable life and variable universal life sub-accounts fluctuate with changes in market conditions. The principal may be worth more or less than the original amount invested when the policy is surrendered. Any guarantees offered are backed by the financial strength of the insurance company. Indexed Universal Life Insurance is an insurance contract that, depending on the contract, may offer a guaranteed annual interest rate and some participation growth, if any, of a stock market index. Such contracts have substantial variation in terms, costs of guarantees and features and may cap participation or returns in significant ways. Any guarantees offered are backed by the financial strength of the insurance company, not an outside entity. Investors are cautioned to carefully review an indexed universal life insurance for its features, costs, risks, and how the variables are calculated. Thank you