Life insurance is insurance that will protect your family and/or specified dependents in the event of the policy holders death. In general, it is an essential component in planning for the future.

There are many options with coverage, depending on your situation. And there are three main categories of life insurance: term life, universal life, and whole life insurance.

Term life is the simplest and least expensive type of policy. It’s pure insurance with no cash value account. A term life policy has only one function: to pay a specific lump sum to whoever you’ve designated, upon a specific event, your death.

While we will ask you questions to determine what is best suited to your needs, we strongly urge the purchase of “Term Life Insurance”. If your primary objective is to maximize the amount of family protection for the lowest cost, “Term Life Insurance” is our recommendation. Most companies offers the purchase of term insurance for 1, 5, 10, 15, 20 , 25 and 30 year terms. We will provide quotations for the length of time that best suits your needs.

TYG Insurance has access to several Life Insurance companies that allows us obtain quotes from many of the most competitive companies and to choose from companies that are rated as some of the strongest financial organizations in the industry.