Life Insurance

With a Life Insurance policy you and your family will always be well covered.

A Life Insurance policy can help your family pay of debt, have money for college, and other great advantages. You could use your policy as a savings account and even borrow against it if you needed the money. Everything is replaceable except your life; why not protect yours in case of a tragedy? Contact us. We will help!

When you’re shopping for coverage for your life, you can choose from two basic types of policies:

  1. Term  or
  2. Permanent.
Happy Family with Life Insurance by Rivas Insurance Group

Some Benefits of your Permanent Life Insurance Policy

You can use the life insurance policy reimbursement for:

  • To pay final expenses. It can be used for payment of final expenses after you pass away. Perhaps, funeral or cremation costs, pending medical bills, estate settlement cost, among other
  • As a collateral. Your policy is a hard asset. You can use it as a collateral or borrow against it.
  • To pay debt. You can use it to pay for credit card bills, mortgage or outstanding auto loan
  • As an inheritance. You can name hiers as the beneficiaries on your policy
  • As a charity. You can name you favorite charity as the beneficiary on your policy

Ask us and we will provide even more useful ideas.

Term Life Insurance

Often the lowest priced coverage option, but it is temporary. It is designed to replace your income if you pass away during earning years. Your family can use the death benefit to help pay for expenses like housing & childcare.

  • Tax Free benefit
  • Flexibility to convert to permanent
  • Flexible term length
  • Affordable payments & Easy to understand

Permanent Life Insurance

Policies guarantee that the amount of insurance coverage you buy at the start of the policy remains the same throughout your lifetime. The cost is fixed, based on your age when you buy it. And the money paid to your family when you die is generally income tax free.

  • Death Benefit
  • Earn excess credits
  • Guaranteed cash value