Life Insurance

Life insurance can provide a dependable piece to your financial portfolio, providing protection for your family with a savings for tomorrow.

Consider what would happen to your family's way of life if you or a family member died unexpectedly. How would your family pay for medical expenses, rent or mortgage payments, children's education-- even everyday living expenses like food, clothing and utility bills?

Too often people are faced with the premature death of a loved one. Protecting your family with the proper amount of life insurance is a valuable cornerstone to your loved ones future. Programs can be modified for families, husband and wife, and children coverage too. A helpful rule of thumb when determining how much life insurance you need is to multiply your current salary by five to eight years.

There are two basic types of life insurance:

• Term Life: as it states, for a specific amount of time.
• Permanent Life: offers a few more variations and provides a lifetime of coverage.

Each has benefits that may be important to you depending on the "ifs" in your life. Permanent life products can build cash value and often have favorable tax advantages.

B. Stern Insurance Advisors will help advise your life insurance needs dependent on your stage in life.