Life Insurance

The #1 question our customers ask about life insurance is "How much do I really need?" The following list can help you determine how much you need.

  • Burial Expense
  • Mortgage Cancellation (Pays off mortgage balance at death)
  • Any Other Loan Balance
  • Salary Replacement
  • Education Fund For Children

After you determine how much you need, we will work with you to decide what Life Insurance program is best for you to purchase. We offer a variety of policies for you to choose from:

  • Term Insurance: Coverage for a specified period of time or "term", for example 5 years, 10 years, 15 years, 20 years,30 years etc. Term insurance is considered temporary. At the end of the policy period, coverage stops without any cash value.
  • Whole Life Insurance: Whole life insurance provides you with protection as long as you live. Annual premiums are averaged over your lifetime, so the premium does not increase as you get older. Whole life policies have cash value which can be used for a variety of purposes including paying off loans and paying the premium on your policy.
  • Universal Life Insurance: A universal life policy combines features of both term and whole life insurance. Universal life not only offers life insurance protection, it also accumulates cash which is credited with tax deferred interest earning. The amount you earn is dependent on current interest rates. The premiums you pay are added to the account value portion of your universal life policy. Each month, a deduction is made from the account value to pay for life insurance costs, other benefits and riders, and a monthly administrative fee. Universal life is a flexible premium policy allowing you to vary the timing and amount of your premium payments.
  • Mortgage Protection Plans
  • Business Life Insurance

Contact us to discuss your needs and goals regarding life insurance.

John F. Sebak
INSURANCE AGENCY
P:
724-226-2942
F:
724-224-7716
1601 Freeport Road
Natrona Heights, PA 15065
Contact
O'Neil
INSURANCE AGENCY
P:
724-339-7571
F:
724-339-7430
2411 Leechburg Road
New Kensington, PA 15068
Contact
David S. Tyson . RPM
INSURANCE AGENCY
P:
412-349-0998
F:
412-349-4824
244 Center Road, Suite 302
Monroeville, PA 15146
Contact
Lanzo-Lutz & Associates
INSURANCE AGENCY
P:
724-274-8938
F:
724-274-5469
1413 Pittsburgh Street
Cheswick, PA 15024
Contact