Life Insurance

Life insurance provides an important benefit to dependents when a loved one dies unexpectedly.  Depending on the type of policy selected and coverage amount, in your absence, life insurance could help your family:

  • Pay for funeral costs and final expenses
  • Pay off a home mortgage
  • Pay off other loans and debts
  • Leave a legacy and create generational wealth
 

Learn about your options:

 

Term Life Insurance

Term life premiums are based on a person’s age, health, and life expectancy. A health exam may be required. If you die during the term of the policy, the insurance company pays the face value of the policy to your beneficiaries. If the policy expires before you die, there is no payout.

 

Whole Life Insurance

In addition to a death benefit, this type of coverage includes a savings component and lasts for the lifetime of the policy holder, rather than a set number of years.

 

Long-Term Care Insurance

Long-term care insurance provides coverage to assist with the long-term care of loved ones. The policy covers nursing home, assisted living, and at-home expenses for catastrophic illnesses.

 

Final Expense/Burial Insurance

Final expense insurance is a whole life insurance policy that has a small death benefit. It may also be called burial insurance, funeral insurance, or modified whole life insurance. These policies typically have death benefit of $2,000 to $50,000; the smaller death benefit may make the premium more affordable and the policy is permanent.

 

Get In Touch

Christian Kroyer
Licensed Insurance Sales Representative
732.587.1509
Email

Request a quote

 

RSI Insurance Agency, Inc. is a wholly-owned subsidiary of RSI Bank.  Insurance and investment products are:

Not FDIC Insured Not a Deposit No Bank Guarantee May Lose Value