FAQ

We have provided answers to many of the frequently asked questions about insurance needs and terms in this section.  Feel free to browse or use the term or keyword search to quickly identify answers to specific question you might have.  If you don't find what you are looking for please contact us with your specific needs and we will find an answer to your question.

What are Life Insurance Illustrations?

You may be thinking of buying a policy where cash values, death benefits, dividends or premiums may vary based on events or situations the company does not guarantee (such as interest rates). if so, you may get an illustration from the agent or company that helps explain how the policy works. The illustration will show how the benefits that are not guaranteed will change as interest rates and other factors change. The illustration will show you what the company guarantees. It will also show you what could happen in the future. Remember that nobody knows what will happen in the future. You should be ready to adjust your financial plans if the cash value doesn't increase as quickly as shown in the illustration. You will be asked to sign a statement that says you understand that some of the numbers in the illustration are not guaranteed