Life insurance provides a tax-free payout to your beneficiaries when you pass away. You choose the coverage amount and type, pay regular premiums, and your loved ones receive the benefit when it’s needed most.

An IUL is a flexible policy that offers lifelong protection and the potential to grow cash value based on the performance of a stock index, without the risk of market losses. It also comes with living benefits so you can utilize the policy while you are still alive.

Term life insurance covers you for a specific period (like 10, 20, or 30 years) and is typically more affordable because most people outlive it. Whole life insurance covers you for your entire life and builds cash value over time, but costs more in monthly premiums.

Burial insurance (also called final expense insurance) is a smaller policy designed to cover funeral and burial costs, typically ranging from $5,000-$25,000. It's ideal for seniors or anyone who wants to ensure their family isn't burdened with funeral expenses, which can easily exceed $10,000.

The average funeral in the United States costs between $7,000-$12,000, and that doesn't include cemetery plots, headstones, or other final expenses which can add thousands more. Burial insurance ensures your loved ones won't have to scramble for money or go into debt during an already difficult time.

Yes! Most burial insurance policies are guaranteed issue or simplified issue, meaning you can qualify even with serious health conditions like diabetes, heart disease, or cancer. There's typically no medical exam required, just a few health questions, and some policies accept everyone regardless of health.