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Life insurance helps protect your family’s future, even when you're gone
AZ Insurance Team can help you find the right life insurance coverage for you, and help ensure that your policy meets your family's financial needs.
Life Changes – so should your policy.
For each of our neighbors in Arizona, the right life insurance will be unique for you and dependent on your personal and financial needs. As your life changes, your life insurance coverage may need to change. Some life transformations, that may require a policy “tune-up” and our help at AZ Insurance Team, include:
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You recently married or divorced
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You have a new child or grandchild
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You have opened or expanded a business
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Your health or your spouse’s health has deteriorated
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You are providing care or financial assistance to a parent
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Your child or grandchild requires assistance or long-term care
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You recently purchased a new home
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You are planning for a child or grandchild’s education
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You are concerned about retirement income
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You have refinanced your home mortgage in the past six months
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You or your spouse recently received an inheritance
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You have a sizable estate
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You have a special needs family member who relies on you for care or financial assistance
Term Life Insurance
Term life insurance provides protection for a specified period of time, making it a great place to start if you don't have insurance yet. It’s generally less expensive than permanent (whole or universal) life insurance, and is available in varying time periods with fixed premiums from a one year (annual renewable term) to 20-year (level term) period. Plus, it can often be converted to permanent coverage as your needs evolve.
Whole Life Insurance
Whole life insurance is a form of permanent life insurance that remains in force for your entire lifetime, provided premiums are paid as specified in the policy. Whole life insurance can be an investment opportunity, as many whole life insurance policies also build cash value over time.
Universal Life Insurance
Universal life is a form of permanent life insurance characterized by its flexible premiums, face amounts and unbundled pricing structure. Universal life can build cash value, which earns an interest rate that may adjust periodically, but is usually guaranteed not to fall below a certain percentage.
death benefits
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offer tax-free funds to your beneficiaries, helping cover funeral costs, debts, tuition, estate taxes, or any financial need. It can also secure your business by allowing partners to buy out a deceased partner’s share, avoiding forced liquidation
Advantages of
Life Insurance
Life insurance is key to securing both your present and future. It not only supports your family after you're gone but also offers living benefits and investment opportunities
Living benefits
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allow cash value growth to be tax-deferred, meaning you won’t pay taxes on it unless you withdraw. You can also borrow or withdraw from the cash value to cover expenses like college tuition or a home down payment