Choosing the right type of life insurance plan depends on your needs today as well as in the future. Your primary concerns today might be to protect your family’s home and lifestyle in the event of your death. You may be focused on providing funds to guarantee your children’s college education or starting to build a nest egg for your retirement. At The Naurath Agency we are qualified to help you identify your needs and guide you through the variety of life insurance plans and products that we offer.
Term Life Insurance is generally inexpensive and covers the insured for a specific period of time such as 10, 15, 20, or 30 years. Benefits of term life insurance include guaranteed death benefit, debt protection, funds for survivor’s needs and easy conversion to permanent life coverage.
Whole Life Insurance is permanent coverage that lasts for your entire life. Whole life insurance provides a guaranteed death benefit and builds cash value that is available during your lifetime. Benefits of whole life insurance include wealth accumulation and cash value available for life’s needs.
Universal Life Insurance is a type of permanent life insurance that offers the lifelong protection of whole life but with a level of flexibility. Universal life policies provide flexible premiums and adjustable death benefits paired with cash value accumulation. Benefits of universal life insurance include cash accumulation, flexibility and affordability.
Annuities are contracts that allow the owner to accumulate funds on a tax-deferred basis and take distributions when desired, often during retirement years. Benefits of annuities can include a steady tax-deferred growth for your earnings and an income stream you can count on. At The Naurath Agency we are qualified to help you identify your needs and guide you through the variety of annuity products that we offer.
Fixed Deferred Annuities replace market uncertainty with the predictability of guaranteed interest rates. Rest easy knowing exactly what your money is earning.
Index Deferred Annuities let you protect your principle while still allowing your money to participate in the upside of the market.
Single Premium Immediate Annuities can turn a lump sum of money into a predictable stream of income for life.