Happy New Year! Are you ready for what this year has in store for you? Most people start making plans for the new year with lofty goals and resolutions - hoping to make this year better than the last. But what if something happens that you aren't prepared for? This is where insurance for you, your family, and your business can help ensure you stay protected, PAID, and on the right path to achieve your goals. Let's look at some different types of insurance that can protect you and your loved ones for years to come...

Protect Your Family & Home

Quality of Life Insurance is a unique type of term life insurance that not only protects your family in the event of your death, but also provides "living benefits" that you can access during your lifetime if you suffer from a critical illness.

What Is Term Life Insurance? This type of insurance provides protection for a set term, usually anywhere from 10 years to 30 years, or set to a certain age. Traditional term life insurance includes a tax-tree death benefit, fixed low-rate premiums, and can include additional riders for a separate fee.

What Are Living Benefits? You can choose to add one or more benefit riders to your policy and these riders can access the life insurance benefit in the case of a qualifying critical, chronic, or terminal illness during the insured person's lifetime.

What is a Qualifying Illness? Any illness or physical condition that was initially certified by a licensed healthcare practitioner within 12 months and permanently affects the insured person's ability to do normal activities of daily living (ADLs) without significant assistance. These may include a major heart attack, stroke, invasive cancer, paralysis, or terminal illness.

No one likes to consider the possibility that they could suffer a critical illness or even death, but these circumstances will greatly impact the life of your loved ones if you are not prepared. Always use the New Year as a reminder to review your insurance policies and make sure you have something in place to protect you and your family!