LIFE INSURANCE
Although sometimes unpleasant to think about, who will provide for your family if you pass away? Life Insurance makes it possible for YOU to provide for your family, even after you pass. Life insurance is designed to help your family when they need it most and keeps your final expenses from being a burden on those you leave behind.
Term Life insurance
Term Life insurance is affordable with premiums that are guaranteed to remain level for 10, 20 or 30 years depending on the level term period selected. Premiums can increase at the end of the level term period. Term life generally offers the greatest amount of coverage for the lowest initial cost. If you have shorter-term needs and limited money to spend on insurance. It helps cover responsibilities that decrease or end over time, such as mortgages or car loans.
Whole Life insurance
Whole Life insurance is a permanent life policy designed to last for the insured's lifetime. Premiums are typically level and guaranteed for the life of the policy The cash value of a whole life policy accumulates at a guaranteed interest rate, unlike a Universal Life policy, in which cash value builds based on a current interest rate that may fluctuate. The policy owner generally may borrow against the cash value during the insured's lifetime. Some Whole Life polices can produce excess credits, which you can use to purchase additional paid-up life insurance, increasing the available death benefit.
Universal Life insurance
Universal Life is a variation of permanent Life insurance that offers considerable flexibility to the policyholder. Premiums are flexible, death benefits are adjustable, and it accumulates cash value. Our Universal Life products are designed to help meet your current and future Life insurance needs, and help provide lifetime security for you and your family. It also offers income tax-deferred cash accumulation that earns a competitive interest rate to help you reach your financial goals.
FINANCIAL SERVICES
When most people think of Farmers, they think of an insurance company with a reputation for stability and service. At the Lerum Insurance Agency we apply those same principals when helping families and business owners toward their financial goals and objectives. We will give you the professional perspective you need to help you build a solid financial strategy - even if you don't have much investing experience.
Our financial services include, but are not limited to:
Although sometimes unpleasant to think about, who will provide for your family if you pass away? Life Insurance makes it possible for YOU to provide for your family, even after you pass. Life insurance is designed to help your family when they need it most and keeps your final expenses from being a burden on those you leave behind.
Term Life insurance
Term Life insurance is affordable with premiums that are guaranteed to remain level for 10, 20 or 30 years depending on the level term period selected. Premiums can increase at the end of the level term period. Term life generally offers the greatest amount of coverage for the lowest initial cost. If you have shorter-term needs and limited money to spend on insurance. It helps cover responsibilities that decrease or end over time, such as mortgages or car loans.
Whole Life insurance
Whole Life insurance is a permanent life policy designed to last for the insured's lifetime. Premiums are typically level and guaranteed for the life of the policy The cash value of a whole life policy accumulates at a guaranteed interest rate, unlike a Universal Life policy, in which cash value builds based on a current interest rate that may fluctuate. The policy owner generally may borrow against the cash value during the insured's lifetime. Some Whole Life polices can produce excess credits, which you can use to purchase additional paid-up life insurance, increasing the available death benefit.
Universal Life insurance
Universal Life is a variation of permanent Life insurance that offers considerable flexibility to the policyholder. Premiums are flexible, death benefits are adjustable, and it accumulates cash value. Our Universal Life products are designed to help meet your current and future Life insurance needs, and help provide lifetime security for you and your family. It also offers income tax-deferred cash accumulation that earns a competitive interest rate to help you reach your financial goals.
FINANCIAL SERVICES
When most people think of Farmers, they think of an insurance company with a reputation for stability and service. At the Lerum Insurance Agency we apply those same principals when helping families and business owners toward their financial goals and objectives. We will give you the professional perspective you need to help you build a solid financial strategy - even if you don't have much investing experience.
Our financial services include, but are not limited to:
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RETIREMENT PLANS
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COLLEGE SAVINGS PLANS
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BENEFITS FOR YOUR BUSINESS
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FOR HELP WITH ANY TYPE OF LIFE INSURANCE OR FINANCIAL SERVICE, PLEASE CALL OUR OFFICE AT
(949) 492-7331 OR EMAIL US AT [email protected]