Life Insurance | Health Insurance | Annuities
Life Insurance | Health Insurance | Annuities
Exploring Life Insurance
Life insurance is a vital part of protecting your family’s financial future. It can help cover final expenses, pay off debts, replace lost income, and provide long-term security for your loved ones.
At McCrory Financial Services, a licensed broker can guide you through the process, helping you choose the right type and amount of coverage based on your goals, budget, and stage of life—ensuring peace of mind for whatever lies ahead.
Term Life Insurance
Term Life Insurance provides coverage for a specific period—such as 10, 20, or 30 years—and pays a death benefit to your loved ones if you pass away during that time. It’s an affordable way to protect your family’s financial future, especially during key life stages like raising children or paying off a mortgage.
Guaranteed Universal Life
Guaranteed Universal Life Insurance (GUL) combines affordability with the lifelong coverage of whole life. It offers a guaranteed death benefit for your entire life—as long as premiums are paid—without the high costs or complex cash value components of other permanent policies. It’s a great option for those who want long-term protection and predictability.
Indexed Universal Life
Indexed Universal Life (IUL) insurance is a type of permanent life insurance that ties the cash value to a stock market index (like the S&P 500) but doesn’t directly invest in the market. It earns interest based on the index's performance, offering potential for higher returns than a traditional whole life policy. However, it usually comes with caps (maximum interest) and floors (minimum interest, typically 0%) to protect from market volatility.
Final Expense / Burial Insurance
Final Expense, or "Burial" Life Insurance is a type of whole life insurance designed to cover the costs associated with a person's funeral and other end-of-life expenses. It typically offers a smaller death benefit, ranging from a few thousand dollars to around $30,000. The policy is easy to qualify for, often requiring no medical exam, making it accessible to older individuals or those with health concerns.
If you're looking for your first policy, want a change, or simply have questions, give us a call or book an appointment for more information.
1(501)538-6655
We need your consent to load the translations
We use a third-party service to translate the website content that may collect data about your activity. Please review the details in the privacy policy and accept the service to view the translations.