Life and Health

The future is uncertain. Protecting your loved ones with life insurance and providing benefits to your employees gives your family and business the securtiy they need. Krombolz Sheets Insurance allows you the flexibility to make changes as your life circumstances change. We can help you determine the right amount of coverage you need while protecting your budget and finding the best quality plan with the best benefits for you or your group.

Life and Health are two significant insurance policies you do not want to overlook. Protect your loved ones with life insurance and provide health benefits to your hard working employees. Term life insurance, whole life insurance, universal life insurance, variable life insurance, survivorship insurance…the list and combinations seem endless. Our dedicated team of life insurance professionals understands the market and regulations and can find the right plan, or mixture of plans, for your specific needs.

Term Life Insurance Basics:

  1. Coverage for a “term” or period of your life.
  2. Lower premiums for higher coverage.
  3. Rates can change after specific terms expire.
  4. No equality-cannot be used as cash value.

Whole Life Insurance Basics:

  1. Exactly like it says-permanent, not for a specific period.
  2. Protection carries with you and your whole life.
  3. Can build equity and have cash value.
  4. Higher premiums than term life, but can be more valuable in the long run.

Term and Whole Life Combined:

  1. Build lifelong base of whole live coverage.
  2. Supplement specific times of your life with term insurance.

When to choose term life?

Most people choosing term life have a strategy for long term net worth. They need specific coverage for a period of their lives to protect debt, loved ones, and children. For a homeowner with children it might make sense to have a term life policy to cover the mortgage and living needs until their children are old enough to provide for themselves-in this case the term would expire around the time your children move out.

When to choose whole life?

Whole life can be used in the retirement years as cash assets. It can provide equity for loans and have fixed payments that do not increase with time. Many times whole like policies will pay dividends- although not always.

With so many options, many people find themselves overwhelmed when they receive life insurance quotes. Let one of our life insurance professionals put together the right life insurance quote for you. Contact Krombolz Sheets Insurance today for more information.

Contact one of our representatives for more information regarding which policies are suitable for you.