Life Insurance
Annapolis Insurance Advisors offers a complete line of insurance and financial
products and services ranging from life and disability income to
group life and health insurance.
Annuities
 An annuity can help you accumulate tax-deferred earnings as part
of your overall retirement plan. Annuities offer the opportunity
for lifetime payments and tax-deferred earnings, and provide a guaranteed
death benefit for your beneficiaries. All guarantees are
backed by the continued claims-paying ability of the issuing insurance
company.
You may want to consider investing in an annuity as part of your
long-term financial plan if:
- You're in a higher tax bracket, and want to defer additional
income.
- You've reached your deductible limit on all your retirement accounts
and wish to save more for retirement.
An annuity is different from most other retirement savings vehicles — it's
actually a contract between you and an insurance company. In return
for making one or more premium payments, the insurance company agrees
to provide you an income stream — usually during retirement.
You can elect to receive payment all at once or as a series of payments,
even for the rest of your life.
Annuities Quote Request
Individual Life
Life insurance from Annapolis Insurance Advisors can help you secure
your family's financial future by providing the funds they need to:
cover burial expenses, uninsured medical bills, pay off your mortgage
and other outstanding debts, and maintain a comfortable standard
of living.
There are a variety of life insurance policies that we can provide.
The kind of policy you choose depends on your needs:
Term Life
Term Life Insurance is a low-cost way of providing maximum coverage
for your family. Protection is provided for a limited number of
years. The insurance expires without value if the insured lives
beyond the policy period, usually 5 to 20 years. Other policy life
periods are available, including 1 year annual renewable term.
Term insurance premiums will not increase during the guaranteed
policy time period (term) you select. Term Life Insurance pays
a death benefit only if you die during that term. Term insurance
generally provides the largest insurance protection for your premium
dollar.
Term Life Insurance remains in force for as long as premiums are
current, provided there are no misrepresentations on the application.
The insurance coverage terminates if you discontinue your premium
payments.
Individual Life Quote
Request
Universal Life
Universal Life is characterized by great flexibility. Policyholders
can determine the amount and frequency of premium payments - i.e.,
the more you pay, the less time you will need to pay. Your premiums
cover the insurance part also the savings or investment element
and the expense part. The stated interest on the investment portion
changes along with movement in interest rates; moves in 1/4 % interest
steps are typical as banks and other financial institutions make
similar moves.
Individual Life Quote
Request
Whole Life
Whole Life Insurance provides permanent protection for the whole
of life - from the date of policy issue to the date of the insured's
death, provided that premiums are paid. Premiums are set at the
time of policy issue and remain level for the policy's life. Unlike
term insurance, whole life combines insurance protection and savings
or cash value which builds over time. Cash value build-up may provide
a source for living benefits, for example, helping pay off a mortgage,
or a child's education, or cash surrender value if the policy is
ever cancelled.
Individual Life Quote
Request
These products are continually changing and we can provide you with
the latest information and policies available!
Group Life
Life insurance is an integral part of most employee benefits packages.
When provided by an employer, employees appreciate the value of life
coverage and the additional security it provides to their families.
Employers have a wide variety of optional plan designs to customize
a Group Life plan. Optional coverages include Voluntary Life insurance,
Supplemental Life coverage, Accidental Death and Dismemberment policies,
and Dependent Life insurance. The premium paid for Group Life is
generally a business deduction, and this stand-alone contract is
usually less expensive than the life coverage provided with medical
insurance.
Group Life Insurance Quote
Mortgage Protection
 For most homeowners, the mortgage is the single
largest source of personal debt. Mortgage protection
insurance is a specialized life insurance policy
designed to pay off that debt in the event of your
death.
Imagine the worst case scenario. A fatal accident
today would force your loved ones to immediately
experience financial hardship. On top of your final
expenses, the mortgage is due, but your family has
no way to pay it without your income. They haven't
even had enough time to grieve and now they have
to deal with the impending tragedy of foreclosure.
Like most life insurance, mortgage protection insurance
eases the financial burden of your loved ones. It
is an affordable way of ensuring that your home is
paid for no matter the circumstances. Cancer, stroke,
heart attack, injury, death… your family will
never be in jeopardy of losing its home as long as
you put a custom mortgage protection insurance plan
in place.
Mortgage Protection Quote Request
|
