Life Insurance
Tailored Life Insurance Plans in Cottage Grove, WI
Life insurance allows you to protect the financial security of your partner and family. Wilson Independence Insurance Agency helps customers throughout Cottage Grove, WI and the surrounding communities select the correct type of life insurance by browsing dozens of different policies from the top-name carriers in the industry. Whether you need a policy to ensure your family can maintain their standard of living after your passing, or you need one simply to cover final expenses, our knowledgeable and compassionate agent is here to help. Speak with us today to learn how we can give you and your family peace of mind.
Universal Life Insurance
We recommend universal life insurance for customers searching for a saving and investment opportunity for their life insurance policy. A portion of your premium goes into a cash value account, which earns interest over time. As a flexible permanent life insurance policy, you can increase the size and frequency of your payments beyond the minimum to help your policy grow. A universal life insurance policy is suited for many of our clients.
Term Life Insurance
Customers with a term life insurance plan are covered for a specific period, typically ranging from 10 to 30 years. Plan holders normally pay a lower premium since it doesn’t accrue a cash value. However, if you outlive the term and the policy isn’t renewed, the beneficiaries will not receive a death benefit. Term life insurance is ideal for young families requiring additional financial protection during critical life moments, such as raising a child or paying a mortgage.
Final Expense Insurance
Final expense insurance is a small whole-life policy that covers end-of-life costs, such as funeral expenses, medical bills, or remaining debt. Customers are often allowed to skip the medical underwriting process, making it a more attractive and accessible policy for seniors or those with health concerns. The flexible coverage amounts range from $5,000 to $25,000 and provide peace of mind that your family won’t be burdened with burial costs and other expenses.
Key Person Insurance
Key person insurance is a unique policy typically purchased by businesses rather than individuals. This type of life insurance policy ensures that the company is protected financially if a crucial employee, such as a founder, CEO, or top salesperson, passes away. The death benefit can be used to cover associated costs, including hiring a replacement or mitigating lost revenue.
Protect Your Family or Business With Life Insurance
The right life insurance policy can help safeguard those that matter most to you. At Wilson Independence Insurance Agency, we can help you find the right insurance policy to suit your needs and budget. As one of the area’s leading independent agencies, we don’t have to choose from just one carrier. Instead, we personalize your life insurance policy by browsing many different insurance carriers and finding the one that suits your needs. Meet with our agent today to discuss your options.