• Life insurance means you're preparing your loved ones for the unexpected — a thoughtful and appreciated gesture.
• It's designed to help growing financial commitments like day-to-day expenses, a mortgage, debt payments, and even aspirational promises like college costs for your kids.
• It can help your family cover financial expenses.
• It can provide a way to leave money to charity.
• Whole life policies build some cash value you can borrow against in the future. Any outstanding loan balance is subtracted from the payment your beneficiary receives.

Term Life Insurance

• can provide affordable, high-coverage protection for a specific period of time (or term).
• pays a benefit if you die during the term.
• could have benefits and premiums that change over time, depending on the specific policy.

Whole Life Insurance

• offers coverage you can never outlive.
• has rates that remain the same throughout your lifetime.
• can provide a future source of money prior to your death, building cash value over time.
• allows for loans (which incur interest) against the value, with unpaid amounts decreasing the death benefit.

Guaranteed Acceptance Whole Life

• offers all the benefits of whole life (limited in the first two years).
• guarantees your acceptance, with no health questions or medical exam, regardless of your health.
• provides instant coverage with your first payment.

Any amount of coverage can make a difference for your family. As a starting point, you may want to consider budgeting 1% of your annual income before taxes. Of course, everyone’s needs are different, and a licensed TruStage agent can help you decide what makes sense for your family.