Life Insurance
At Twin City Underwriters, Inc. (TCU), we have been helping people make sound insurance decisions for over 50 years. We understand the significance of protecting what is important to you.
We have stable, long-term relationships with many leading life insurance companies. We will use those relationships and our experience to walk you through the process of selecting and applying for a suitable life insurance plan. In addition, we provide ongoing customer service as questions arise and your needs change.
Twin City Underwriters is committed to you, and to building a long-term relationship that meets your needs.
Are you ready to have a meaningful discussion about your life insurance needs? Call or email TCU today to set up a free, no obligation appointment with a dedicated life insurance professional.
WHAT IS LIFE INSURANCE?
Life insurance is an agreement between an individual and an insurance company.
The insured pays a designated premium to the insurer.
When the insured dies, the insurance company pays the beneficiary a preset amount of money.
Life insurance is designed to protect your family or other individuals who may suffer financially as a result of your death.
Insurance is a way of spreading risk so that one household is not catastrophically affected by an event, such as:
- A fire burning down a house
- A car accident
- Death of a loved one
Here are some common terms to be aware of:
- Insurer: Insurance company that pays out the death benefit
- Insured: Person whose life is insured
- Beneficiary: Who receives the death benefit upon death of insured
- Owner: Who controls the policy (not always the insured)
LIFE INSURANCE CAN PROVIDE MORE BENEFITS THAN YOU MAY REALIZE
LIFE INSURANCE TO MEET YOUR NEEDS
Feel confident in your retirement
Life insurance can offer you additional funds to supplement your retirement income so you can spend time doing what you enjoy most.
Protect your loved ones
Life insurance ensures your loved ones can survive financially in the event one of you were to pass by replacing an income & paying off debt.
Provide for your family even when you’re gone
Life insurance can provide an inheritance to those you care for. You can do this and also incorporate benefits such as long term care to protect yourself.
Prepare for the unexpected
Life insurance can provide security when life doesn’t go as planned. Policies can earn cash value, supply a death benefit & more.
TWIN CITY UNDERWRITERS HAS BEEN HELPING PEOPLE LIKE YOU MAKE INSURANCE DECISIONS FOR OVER 50 YEARS
Our licensed agents will help you find the best life insurance coverage, based on your budget and needs. To explore the available options, reach out to us directly at 651-488-0172 / 800-507-6778, or email at info@tcunderwriters.com.
START THE PROCESS OF SECURING YOUR FUTURE WITH THESE 4 SIMPLE STEPS
1. Our approach to helping you select a suitable life insurance policy begins with a meaningful conversation to understand and address your individual needs. We spend time educating you on how various policies work, and how each might apply to your unique situation.
2. After our initial discussion, we review your situation and needs to determine the proper policy and coverage amount for you. Our goal is not to sell you a life insurance plan right away, but to work with you to ensure your policy selection is an appropriate fit.
3. Once we’ve determined the policy to meet your needs, you’ll complete the application process with assistance from our experienced life insurance advisors.
4. Enjoy the peace of mind that comes with ensuring that the people and things that are important to you are protected. Rest assured knowing that, if life changes and question arise, you have a support team to help you along the way.
OUR EXPERIENCED TEAM WILL PROVIDE YOU WITH THE CLARITY AND PEACE OF MIND YOU SEEK
THE DIFFERENT TYPES OF LIFE INSURANCE
Our goal is to help individuals and families determine if they need life insurance and what is the most suitable life insurance for their needs. Twin City Underwriters, Inc. has been helping people make life insurance decisions for over 40 years. We have stable, long term relationships with many leading life insurance companies.
As indicated below, there is more than one type of life insurance policy available. Your needs, goals, current health and stage in life determine the most appropriate plan for you.
Attend an online webinar or call our office today at 651.488.0172 to speak with a life insurance specialist about your needs.
TERM LIFE INSURANCE
Term Life Insurance is designed to cover you for a specific period of time (e.g. 10, 20, 30 years) which pays a benefit in the event of the death of the insured during that period of time. This type of life insurance provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After the period expires, coverage is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments and conditions. If the insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.
Contact us today to find out more about Term Life Insurance options.
WHOLE LIFE INSURANCE
Life insurance that is kept in force for a person’s whole life as long as the scheduled premiums are maintained. All Whole Life policies build up cash values. Most Whole Life policies are guaranteed as long as the scheduled premiums are maintained. The variable in a Whole life Policy is the dividend which could vary depending on how well the insurance is doing. If the company is doing well and the policies are not experiencing a higher mortality than projected, premiums are paid back to the policy holder in the form of dividends. Policyholders can use the cash from dividends in many ways. The three main uses are: it can be used to lower or vanish premiums, it can be used to purchase more insurance or it can be used to pay for term insurance.
Contact us today to find out more about Whole Life Insurance options.
UNIVERSAL LIFE INSURANCE
Universal Life Insurance is flexible premium life insurance policy under which the policy owner may change the death benefit from time to time (with satisfactory evidence of insurability for increases) and vary the amount or timing of premium payments. Premiums (less expense charges) are credited to a policy account from which mortality charges are deducted and to which interest is credited at rates, which may change from time to time.
Contact us today to find out more about Universal Life Insurance options.
FINAL EXPENSE INSURANCE
Final Expense Insurance is a type of life insurance which covers burial and funeral expenses. Final Expense Insurance can save your loved ones a lot of money and stress at the time of your death. With the high cost of funerals, the last thing anyone wants to think about after they lose a loved one is paying for and planning final arrangements.
Contact us today to find out more about Final Expense Insurance options.