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About Us
Protecting Futures
Building Relationships
Protecting Futures
We have years of insurance experience helping clients prepare for the unknown. We can access various insurance product so you can get the right one for you.
Assessing Need
Building Relationships
Protecting Futures
Many financial experts will tell you some unforeseen events and a lack of the right kind of insurance can spell trouble quickly. Call us today, and we'll analyze your insurance needs and get you covered quickly at the right price.
Building Relationships
Building Relationships
Building Relationships
Everyone has different insurance needs. Call us today for a personalized business or individual assessment and find out how we can help protect your hard-won assets.
Types of Insurance
Term Life Insurance
Return-Of-Premium Term
Return-Of-Premium Term
Term life insurance provides coverage for a predetermined amount of time, typically between 1 – 35 years. Death benefit will payout if the policy owner passes away within the term of the policy.
- Cost effective option for young growing families or individuals looking for more affordable coverage.
Return-Of-Premium Term
Return-Of-Premium Term
Return-Of-Premium Term
We offer a compelling Return of Premium (ROP) term insurance policy which returns all contributed premiums if the insured outlives the term period.
- Premium returns can start as early as the second year.
- Life insurance protection in place if needed and return of premium investments if not.
Whole Life
Return-Of-Premium Term
Indexed Universal Life Insurance
Whole life insurance is a type of permanent life insurance, which means the insured person is covered for the duration of their life as long as premiums are paid on time. Permanent life insurance is different than term life insurance, which covers the insured person for a set amount of time (usually between 10 and 30 years).
Like most permanent life insurance policies, whole life also offers a savings component called "cash value." Read on to learn more about the benefits of whole life insurance.
Indexed Universal Life Insurance
Indexed Universal Life Insurance
Indexed Universal Life Insurance
Indexed Universal Life (IUL) is a permanent policy similar to a traditional Universal Life policy through its flexibility of premium and death benefit; however, it also features a higher growth potential through index interest crediting.
The policy owner has the ability to choose a percentage of the cash value to invest within specified “indexes” (such as the S&P 500 or Nasdaq 100) to increase the chances of larger returns.
No-Medical-Exam Life Insurance
Indexed Universal Life Insurance
No-Medical-Exam Life Insurance
This simple, affordable life insurance is designed to cover expenses like medical bills and funeral costs (including plot and mortuary expenses) and can help protect your loved ones from future financial burdens.
This provides permanent life insurance coverage with flexibility and long-term grown potential. Up to $250,000 death benefit. No medical exam or blood work is required.
Fixed Indexed Annuity
Indexed Universal Life Insurance
No-Medical-Exam Life Insurance
With Fixed Indexed Annuities, premiums are tied to an index and credited in a similar fashion to IULs. As with IULs, Fixed Indexed Annuities offer principal protection and a death benefit, with the possibility for gains contingent upon market performance.
- A type of tax-deferred insurance product.
- Can be structured to provide income for life, acting as another resource for retirement income.
- Provides protection from market decline with a guaranteed floor
Frequently Asked Questions
Please contact us if you cannot find an answer to your question.
Like most of us, we know you would do anything to protect your family and ensure they have a bright future. But have you considered how your loved ones would continue financially if you were no longer here, or if you were no longer able to provide for your family?
Life insurance is a simple and affordable way to answer that question. It allows you to provide peace of mind for yourself and your loved ones. And at PHP Agency, our team of agents have all got your back.
All policies are not the same. Some give coverage for your lifetime and other cover you for a specific number of years. Some build up cash values and others do not. Some policies combine different kinds of insurance, and others let you change from one kind of insurance to another. Some policies may offer other benefits while you are still living. There are two basic types of life insurance: term insurance and permanent insurance.
Ask yourself the following questions:
- How much of the family income do I provide?
- If I were to die, how would my survivors, especially my children, get by?
- Does anyone else depend on me financially, such as a parent, grandparent, brother or sister?
- Do I have children for whom I would like to set aside money to finish their education in the event of my death?
- How will my family pay final expenses and repay debts after my death?
- Do I have family members or organizations to whom I would like to leave money?
- Will there be estate taxes to pay after my death? How will inflation affect future needs?
- How will your loved ones cover their expenses if something happens to them?
- How can I protect my business if a partner passes away?
Some insurance experts suggest that you purchase five to eight times your current income. However, it is better to go through the above questions to figure a more accurate amount.
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