Life Insurance

From The Ground Up

No one likes to think about, let alone discuss, a premature passing. The unfortunate reality is that accidents happen every day.  The purchase of a life insurance policy allows your family to have financial security.

Many times people may think the coverage through their employer is enough, but this isn’t always right.  In most cases the limit provided by an employer isn’t enough for the family needs and this insurance usually goes away when you leave that employer.  The purchase of an individual policy is usually rather inexpensive and can be tailored to your needs.

The Kingdom Difference

One question we usually get asked, “How much Life Insurance do I need?”  A general rule of thumb when it comes to purchasing a limit is to take your salary and multiply by 10.  Your individual circumstances can vary this number widely though depending upon assets, debt, investments, and many more circumstances

With so many options available when choosing a life insurance product, it is understandable that you may feel a bit overwhelmed or even frustrated. Work with KIG to ensure that you are purchasing the right type of life insurance for your family and you.

Our Team is Here For You

Term Life Insurance
This simple policy provides life insurance for a specified period of time. As the policyholder ages, premiums increase to reflect the increasing risk of death. Term policies do not accumulate cash value.
Permanent Life Insurance
In addition to providing a death benefit, permanent life insurance builds a cash value, which the insured can access during his or her lifetime.
Whole Life Insurance
This permanent coverage offers a minimum guaranteed death benefit and premiums that never change throughout the policyholder’s lifetime. Premiums are based on the insured’s age and health at the time the policy is issued.
Universal Life Insurance Highly flexible, universal life coverage allows the policyholder to change premium payments and death benefits as needed.
Variable Life Insurance
Much like whole life insurance, this product offers fixed premiums and a minimum guaranteed death benefit. However, it is a securities-based product; there is no guaranteed rate of return and it is not guaranteed to build a cash value.
Variable Universal Life This policy has the flexibility of a universal life policy but is securities-based product; it has no guaranteed rate of return and is not guaranteed to build a cash value.