We find the most comprehensive life insurance coverage available to fit your budget and requirements.  Everyone has a unique set of needs, so we offer a large variety of products.  Riddle Family Insurance is always happy to annually review your life insurance coverage to make sure it still fits your circumstances and if there is a better policy available.  You don’t need to spend time researching when we can do it for you.

Here are the kinds of products we offer: 

Term Life Insurance

Term life Insurance (also referred to as “pure life”) is a type of life insurance policy that lasts for a set number of years, or term. This is a less expensive option that provides a fixed rate of payments for a limited period of time.

Whole Life insurance

Whole Life insurance (also called “straight life” or “ordinary life”) is a type of insurance where premiums are fixed for the life of the policy. If you pay the premiums in a timely manner the policy will generally remain in force. The premiums are typically higher than those of term life. In addition, some life products build cash values on a tax-deferred basis which can be used to help with expenses during your lifetime.

Universal Life

Universal Life is a type of permanent life insurance with an investment allocation option and tax-deferred earnings with cash value and death benefit determined by investment performance.

Final Expense

Final Expense (also referred to as “burial or funeral insurance”) is popular with seniors because the rates are affordable, and it is designed to cover medical bills and funeral expenses when you pass. The application process is made simple and there is usually no medical exam required.

Annuities

Annuities are long-term investments that are designed to help protect you from the risk of outliving your income.  There are 2 basic types of annuities:  Income Annuities and deferred annuities.  Income annuities can help supplement your income through a series of payments for a specific period of time or throughout your lifetime.  Deferred annuities offer a fixed rate of return and tax-deferred growth.   

Group Life plans

Group Life plans are designed to offer life insurance to the employees at better rates and protect the employer’s greatest asset “the employees.” 

Long Term Care

Long Term Care insurance can reimburse you for services needed if health issues, injury, or cognitive impairment prevents you from taking care of yourself.  Medicare only covers a maximum of 100 consecutive days of service in skilled nursing after a hospital stay.  Costs of nursing home care, home care, and assisted living have risen dramatically over the years.  Long term care polices help to cover these risks.  

If you want to learn more or get a quote for any of these products give us a call!