Rayanne Tandrian

Term Life Insurance

• Level Term: Fixed premiums and death benefit for a specified period (e.g., 10, 20, 30 years).
• Term w/ Return of Premium: If you the term, you receive a refund of the premiums paid over the life of the policy.
• Term w/ Living Benefits: Allows you to access a portion of the death benefit if diagnosed with a chronic/terminal illness

Universal Life Insurance

• Guaranteed Universal Life (GUL): Focuses on providing a guaranteed death benefit with flexible premiums and cash value.
• Indexed Universal Life (IUL): Cash value growth is tied to a stock market index.
• Variable Universal Life (VUL): Cash value can be invested in a variety of sub-accounts, similar to mutual funds.

Whole Life Insurance

• Traditional Whole Life: Provides lifelong coverage with fixed premiums and a guaranteed cash value.
• Limited Pay Whole Life: Premiums are paid for a limited period (e.g., 10, 20 years) but coverage is for life.
• Single Premium Whole Life: One-time lump sum premium payment for lifelong coverage.

Group Life Insurance

Offered by employers or organizations, providing coverage to members or employees, often with lower premiums; making it a valuable, cost-effective benefit that supports employees’ financial security. KeyMan coverage is also available.

Final Expense Insurance

Designed to cover funeral and burial costs, typically with lower death benefits and simplified to guaranteed. Ideal for those looking to cover the burden of burial cost.

Accidental Death and Dismemberment (AD&D)

Provides benefits in case of accidental death or severe injury, usually as a supplement to other life insurance. Available as a stand-alone and as an add-on to your main life policy.