Life Insurance is designed to protect you and your loved ones in a time of extreme personal and financial upheaval. WPG offers life insurance products from a number of insurance companies in order to find you appropriate protection at the right price.
Life insurance can be broken down into two primary categories: Term Life Insurance and Permanent (whole) Life Insurance coverage.
Term life insurance meets short-term insurance needs (like mortgage insurance), or for coverage and financial security for young families. Term insurance is cheaper over the short term, but gets more expensive over time, until it eventually expires completely.
Permanent coverage is much cheaper over the longer term. While permanent insurance is seen as expensive for shorter term needs, insurance needs often change during a person's lifetime. Many people regret not having taken out permanent insurance, opting for term life insurance instead.
- What would happen if you or your spouse died tomorrow?
- What financial problems would be created, both over the short-term and over the long-term?
- What are your liabilities, tax and otherwise?
- What if your business partner died?
These are just a few of the questions to consider when looking at your life insurance needs. WPG can help guide you through these tough questions and provide you with solutions to your life insurance needs.