A Promise Kept.

Life Insurance is for the ones you promise to protect

No one really wants to think about life insurance. But if someone depends on you financially, it’s a something you can’t avoid.

In the event of a tragedy, life insurance proceeds can:

  • Help pay the bills and meet ongoing living expenses
  • Finance future needs like your children’s education
  • Pay off outstanding debt, including credit cards and the mortgage
  • Protect a spouse’s retirement
  • Pay for funeral costs and other final expenses

Getting life insurance doesn’t have to be hard. Regardless of your situation, we can help you determine the right amount for you.

84 %

said that most people
need life insurance

However 4 in 10 don’t
own any type of
Life Insurance.1

1. Source

Life Insurance Options

When looking at your options, there are many kinds of life insurance, but they generally fall into two categories: Term Insurance and Permanent Insurance. Which one is right for me?

Term Life Insurance

Term insurance, the most affordable type of insurance when initially purchased, is designed to meet temporary needs. It provides protection for a specific period of time (the “term”) and generally pays a benefit only if you die during that term. This type of insurance often makes sense when you have a need for coverage that will disappear at a specific point in time. For instance, you may decide that you only need coverage until your children graduate from college or a particular debt is paid off, such as your mortgage.

Permanent Life Insurance

Permanent Life Insurance by contrast, provides lifelong protection. As long as you pay the premiums and no loans, withdrawals, or surrenders are taken, the full amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep it over a long period of time.

Finding the right plan depends on your unique circumstances and financial goals. Let FedAdvantage help you navigate through the process.

Request a
life insurance Quote

Please complete the Life Quote form and a representative will get back in touch with you within 1 business day