It’s Your Life
Insurance
Whole Life Insurance
Whole life insurance provides lifelong coverage with a guaranteed death benefit for beneficiaries. It also builds cash value over time, which can be borrowed against or withdrawn. This policy combines protection with a savings component, offering long-term financial security.
Term Life Insurance
Term life insurance provides coverage for a specific period, typically 10, 20, or 30 years. If the policyholder passes away during the term, their beneficiaries receive a death benefit. It offers affordable protection with no cash value or savings component.
Final Expense Insurance
Final expense insurance is designed to cover end-of-life costs, such as funeral and burial expenses. It provides a smaller death benefit, making it more affordable than traditional life insurance policies. This policy helps relieve loved ones of financial burdens during a difficult time.
Modified Issue Life Insurance
Modified issue life insurance offers coverage with limited underwriting, requiring fewer health-related questions or exams. It typically comes with a waiting period before full benefits are paid out. This policy is ideal for individuals who may have difficulty qualifying for traditional life insurance due to health concerns.
About Me
Life insurance is a contract between an individual and an insurance company, where the insurer provides a lump-sum payment, known as a death benefit, to the policyholder’s beneficiaries in the event of their death. This financial protection helps cover expenses like debts, funeral costs, or provides ongoing support for loved ones. It offers peace of mind, ensuring that family members are taken care of when the unexpected happens.
My name is Sam Palumbo. As a licensed Ohio Life Insurance Agent, I work with a team of Life Insurance providers to get you the right coverage at an affordable price. We offer Whole Life, Term, as well as specialized plans. My goal is to provide you with a life insurance plan that fits your family’s budget and needs, so that you have peace of mind.
