Life Department

Life insurance is likely one of the most important purchases your client will ever make. It serves as the foundation of your clients’ financial security.

In the event of an unexpected death, life insurance can provide a beneficiary with necessary income replacement, provide money to cover final expenses, fund a child’s education, create liquidity for a business, provide funds to pay off debt, and much more. A majority of families and businesses have little or no life insurance, leaving them one accident or terminal illness away from a financial catastrophe. This illustrates the importance of Oberlin Marketing, a full-service national insurance brokerage, partnering with Insurance Professionals like you to provide life insurance needs.

term
universal
whole
final expense
survivorship
accidental death
international

Term

Term Life Insurance is designed for temporary needs, usually 1 to 30 years.

Low cost Term Insurance can be a good choice for young families with tight budgets. Term Insurance can also cover mortgage and business loans for specified time periods. Most term life insurance policies have a conversion privilege to convert the term insurance to permanent life insurance regardless of health.

Universal

Universal life insurance gives the policy owner the right to vary premium payments and the death benefit.

The rate of return on the cash value fluctuates according to the insurance company’s investment performance, but will not fall below a guaranteed minimum rate of return. Most of today’s universal life plans are designed with a guaranteed death benefit to age 100 and beyond. There are variations of Universal Life Insurance plans from high cash values to no cash value with a guaranteed death benefit.

Whole

Whole Life insurance can provide lifelong protection. The death benefit will be paid as long as premiums are paid. Permanent whole life insurance accumulates guaranteed cash value on a tax-deferred basis. Participating whole life plans pay dividends. Whole Life often has lower death benefit minimum and can be used as a Final Expense plan.