Life Insurance

Logical Insurance Solutions USA, Inc. is here to help you make the best informed decision on your life insurance needs at the most affordable price possible.  Many times it’s best to have a mix of both term insurance and permanent life insurance to meet your individual needs and goals.  A key component to affordable life insurance is your age, the younger you are the lower the costs so don’t delay your not getting any younger but it’s almost never to late to start.  We work with many of the best life insurance companies in the country to be able to offer you a variety of options .  We are here to answer your questions, make you an educated consumer and assist you in purchasing the best insurance to meet your personal needs at a price you can afford.

Term Life Insurance

Term Life Insurance provides a cost effective way to have life insurance. Yearly renewable term has a lower initial premium but the premiums increase yearly.  Level term is purchased for a specified period of time and the premiums remain level for the term of the policy. There is no living benefit to the insured but it leaves a monetary death benefit to their beneficiaries.  Term Life Insurance is often used to provide enough insurance to cover the lost earnings of ones life to provide for loved ones in their absence due to an untimely death.  The beneficiaries now have funds available to help pay for things such as  mortgage costs, college education and the every day cost of living. We would be happy to review all of the additional features and limitation of the different plan types. Then we will search to see which Insurance Company would best suit your needs and budget.

Whole Life Insurance

Whole Life Insurance provides permanent level insurance protection for the “whole life”, from policy issue to the death of the insured.  Level premiums, level benefits and cash value.  Cash values and maturity at age 100 are two features that combine to produce “living benefits” to the policy owner.  Through the cash value accumulation build-up in the policy, a policyowner has a ready source of funds that may be borrowed at reasonable rates of interest, if not repaid the loan plus interest due will be subtracted from the death benefit before it is paid. The policyowner may also draw on the cash value to supplement retirement income. We would be happy to review all of the additional features and limitation to help you make an educated informed decision.  Then we will search to see which Insurance Company would best suit your needs and budget.