Life Insurance

Financial Protection That Continues When You Cannot

Life insurance is not about fear. It is about responsibility, continuity, and control. When income stops, expenses do not. Proper life insurance replaces lost income, settles obligations, and preserves stability for the people who depend on you.

Life insurance converts uncertainty into a known outcome.

Why Life Insurance Matters

Most families are one income disruption away from financial distress. Without life insurance, survivors often face difficult decisions under pressure.

Life insurance protects against:

• Immediate funeral and burial expenses, commonly ranging from $7,000 to $15,000

• Outstanding debts such as mortgages, auto loans, and credit cards

• Loss of income used for housing, food, utilities, and childcare

• Long term disruption to education plans and retirement goals

Insurance proceeds arrive tax free and immediately, providing liquidity when it is most needed.

Term Life Insurance

High Coverage. Low Cost. Defined Period.

Term life insurance is designed to cover financial responsibilities during working years. It delivers substantial protection at the lowest monthly cost.

Common uses include:

• Income replacement

• Mortgage protection

• Coverage while raising children

• Business or personal debt protection

Example: A healthy 30 year old non smoker may secure $500,000 of coverage for approximately $20 to $30 per month.

Term coverage works best when the goal is protection during a specific window of responsibility.

Whole Life Insurance

Lifetime Coverage With Predictable Value

Whole life insurance provides permanent protection with a guaranteed structure. Coverage does not expire as long as premiums are paid.

Key features:

• Fixed premiums

• Guaranteed death benefit

• Cash value growth over time

• Funds may be accessed for emergencies or planned expenses

Whole life is often used for estate planning, final expense planning, and legacy protection.

Indexed Universal Life (IUL)

Flexible Protection With Growth Potential

Indexed Universal Life combines permanent insurance with cash value tied to market indexes, without direct market exposure.

Key benefits include:

• Lifetime coverage

• Flexible premium options

• Cash value growth linked to market performance, subject to caps and floors

• Potential use as supplemental retirement income

IUL is appropriate for individuals seeking long term protection with accumulation potential and flexibility.

Who Needs Life Insurance

Life insurance is appropriate for:

• Parents and caregivers

• Homeowners

• Business owners and professionals

• Anyone with dependents or shared financial obligations

• Individuals planning for final expenses or legacy transfer

Coverage should be sized based on income, debt, family needs, and long term goals.

How Coverage Is Determined

Policy structure and pricing are influenced by:

• Age and health

• Income and financial obligations

• Length of coverage needed

• Desired death benefit

• Long term financial objectives

A proper review focuses on function, not just cost.

Take Action With Confidence

Life insurance is a financial tool, not a sales product. When structured correctly, it creates certainty, preserves dignity, and protects those who matter most.

TrueGuard Financial provides clear guidance and policy options aligned with your goals, budget, and stage of life.

Schedule a review and put protection in place that works when it is needed most