Services
Permanent Whole Life Insurance
Whole life insurance coverage is active for your whole life, guaranteeing the eventual payout of a death benefit. It can cost 5-10X more but if the premium is within budget, it can be a good option for anyone interested in insurance that accumulates cash value and doesn’t end.
Indexed Universal Life (IUL)
This is a type of permanent policy that allows the insured to accumulate cash value in addition to their death benefit. IUL insurance can be set to help supplement your retirement plan, and tailored to accumulate cash value with larger returns than an average bank account.
Term Life Insurance
Term policies are popular as they are the least expensive; however they last for a specific amount of time (your term), and there is no cash value accumulation. The death benefit is only payable to the beneficiaries upon the death of the insured person during the term. Because it costs less and is more straightforward it's a good option for many people.
Fixed Index Annuities
This is a safe way to participate in the market's gains while avoiding potential loses and keeping your retirement secure.
Do I need life insurance?
Life insurance is a way to provide financial protection for your loved ones in their most vulnerable moments. A life insurance policy guarantees that if you die while your policy is active, your loved ones will receive a lump-sum payout, known as a death benefit. The death benefit can be used to cover things like mortgage or rent payments, education costs, funeral arrangements, and more.
Carriers
Lock in your best price today
Over 40 years old? Your life insurance price will increase 10% every 6 months you wait to start coverage. With MShaw Insurance, getting covered only takes 5 minutes.
Questions?
We’re happy to assist and support you anytime. You can get in touch with us by sending us an email at michelle@mshawlifeinsurance.com
