Let First Resource Group be your back room support team! Whether your client needs include Term Life, UL, Whole Life, or Variable Products, we have the carriers and products to make you shine!
We can assist in marketing, risk assessment, case design, and product selection.
- Term Life Insurance
- Term life insurance is the most economical type of life insurance. It provides death benefit coverage at a guaranteed premium for a specific period of time - usually five to 30 years depending upon which product you choose. At the end of the term, the coverage ends or the policyholder may have the option of continuing the death benefit coverage at an increased premium. Typically, term insurance does not provide the policyholder the ability to accumulate cash value.
- Whole Life Insurance
- Whole life insurance provides both a guaranteed death benefit and guaranteed cash value for a fixed, or guaranteed, premium amount.
- Fixed Universal Life Insurance
- A very flexible type of life insurance policy, fixed universal life insurance provides both a death benefit and the potential for accumulating cash value, which may be accessed to fund future financial needs. The policyholder may select a level death benefit or one that may increase over time. The policyholder also may decide how much premium he or she will pay and the frequency of payments. The decisions made by the policyholder impact how long the death benefit will last and whether or not there will be cash value in the policy.
- Variable Universal Life Insurance
- Variable universal life insurance provides the same type of flexibility as a fixed universal life insurance policy. Premium amounts, payment schedules and death benefit options are all choices of the policyholder. The key difference between fixed and variable universal life insurance is that the owner of a variable policy chooses where premium amounts will be invested. Typically, variable universal life insurance policies offer a wide variety of underlying portfolios. The policy's cash value is determined by the amount of premiums paid into the policy and the investment results of the portfolios.