Life Insurance

Life insurance is key to financial security, protecting your loved ones and their future. It acts as a safety net during life’s unpredictable moments. At America Life Wealth, we offer personalized solutions to meet your needs, giving you peace of mind with reliable coverage.


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What is Term

Life Insurance?

Term life insurance takes care of your family in the event of your death. Policies are written for an agreed upon time coverage, anywhere from one year to thirty years. When the policy owner dies the policy will pay the benefit to your family.



There are a few life insurance options available. Each have different benefits that we can discuss with you.

  • Level Term or Level Premium Policy

    Level term or level premium policies span durations of 10 to 30 years. Throughout this period, the premium amount and death benefit remain fixed. While the premium cost for these policies tends to be higher, it reflects the extended coverage they provide, offering consistent and reliable protection.

  • Yearly Renewable Term Policy

    Yearly renewable term policies provide coverage for a single year, with the option to renew annually. During the initial years, premiums are comparatively low, reflecting the policyholder's younger age. However, as the policy is renewed and the policyholder ages, the premiums increase to account for the higher risk associated with older age.

  • Decreasing Term Policy

    This term policy is often connected to a policy holders mortgage. The premium is fixed throughout the life of the policy. However, the amount of coverage decreases as the homeowners mortgage declines. The intent is to make sure you have enough coverage to cover your home if something should happen to you.

Why Should I Buy Term Life Insurance?

Term life insurance does not accumulate any cash value. These policies are typically more affordable as premiums cover only the cost of the insurance. Additionally, they can usually be canceled without any financial loss to the policyholder.



Upon the expiration of a term life insurance contract, a new policy can be initiated. Term life insurance is designed with the assumption that the policyholder will build financial resources over time, reducing the need for a cash-value component within their coverage.

What is Whole

Life Insurance?

Whole life insurance provides a dependable way to ensure the financial security of your family in the event of your passing. This policy builds cash value over the course of the policyholder’s lifetime and remains active as long as premium payments are consistently made.



A variety of options are available when choosing a whole life insurance policy, allowing you to tailor the coverage to your specific needs and objectives.


Below are some of the options to consider when choosing a whole life insurance policy:

  • Ordinary Whole Life

    Premiums are a set amount for the life of the policy as the policy builds cash value. The premiums will be substantially higher compared to term insurance.

  • Limited Payment Whole Life

    This policy sets the length of time premiums will be paid. For example, 20 years, or until you turn 65. However, the policy stays valid throughout the life of the policy holder.

  • Single Premium Whole Life

    The premium is paid in one single payment.

  • Modified Premium Whole Life

    This policy has a moderate cash value with a lower premium. It will accrue cash value through the life of the policy.

  • Survivorship Whole Life Insurance

    This policy covers two people, usually married. The death benefit pays out after the second individual has passed away. It is a less expensive way to take care of specified beneficiaries.

Why Should I Buy Whole Life Insurance?

While the policy is active your payments cover not only the insurance but also a portion goes into savings. Initially, most of the payment goes towards the death benefit portion. Over time more of your payment applies to the cash value until eventually, it will become entirely cash value.



The savings portion can be withdrawn by loan, cashed out, or used for retirement later. Rates are higher on whole life insurance policies as there are no time limits applied and you are covering both the policy and the savings.

What is Indexed Universal Life 

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  • Lorem Ipsum

    Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

  • Lorem Ipsum

    Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

  • Lorem Ipsum

    Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

  • Lorem Ipsum

    Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

  • Lorem Ipsum

    Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

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