Term life insurance provides coverage for a specific term, typically ranging from 10 to 30 years, and pays out a death benefit if the insured passes away during that term. Whole life insurance, on the other hand, covers the insured for their entire life and includes a cash value component that grows over time, offering lifelong protection and potential for cash accumulation. 

 The amount of life insurance coverage you need depends on various factors, including your current financial obligations, future financial goals, and your family's needs. A common rule of thumb is to aim for coverage that is 5 to 10 times your annual income, but it's essential to consider individual circumstances such as outstanding debts, mortgage, education expenses, and future living expenses. 

 Life insurance provides a financial benefit to your beneficiaries in the event of your death, offering protection and support for your loved ones. Annuities, on the other hand, are financial products designed to provide a steady stream of income during retirement, offering a way to accumulate savings and ensure financial security in later years. 

 Yes, many life insurance and annuity policies offer customization options to suit your individual needs and preferences. You can often choose the coverage amount, duration, premium payment schedule, and additional features or riders to enhance your policy. Our agents can work with you to tailor a policy that aligns with your financial goals and circumstances. 

 Annuities offer several benefits, including tax-deferred growth, guaranteed income for life or a specified period, and potential for principal protection. They can provide a reliable source of income during retirement, help mitigate longevity risk, and offer flexibility in choosing payout options according to your financial goals and preferences. 

 Choosing the right annuity depends on your financial goals, risk tolerance, and personal circumstances. There are various types of annuities, including fixed, variable, and indexed annuities, each with unique features and benefits. Fixed annuities offer a guaranteed interest rate, while variable annuities allow you to invest in underlying investment options. Indexed annuities offer potential for higher returns linked to market performance. Consulting with a financial advisor can help you evaluate your options and select the annuity that best aligns with your needs and objectives.