Term life insurance provides coverage for a specific period of time (usually 10, 20, or 30 years). It’s an affordable way to protect your family financially in case something happens to you. If you pass away during the term, your beneficiaries receive a tax-free death benefit that can help cover expenses like the mortgage, education, or daily living costs.

An IUL is a type of permanent life insurance that offers both a death benefit and the ability to build cash value over time. The cash value grows based on the performance of a market index (like the S&P 500), but with protection from market losses. It’s a great option for those looking for life insurance with long-term financial growth and flexibility built in.

An annuity is a financial product designed to provide guaranteed income during retirement. You can make a lump-sum payment or series of payments, and in return, receive regular payouts in the future. Annuities are ideal for people who want a reliable, steady stream of income in retirement—especially if you’re concerned about outliving your savings