Life Insurance

Wherever you are in life, a life insurance policy can help protect what matters most—both now and in the future.

All life insurance policies, including term life insurance, provide a cash payment (death benefit) to support your loved ones financially if you pass away. For long-term solutions, options like universal life and variable universal life insurance offer the added benefit of cash value that can be accessed during your lifetime. This can be used for significant milestones, like a down payment on a home or supplemental retirement income. (Note: Accessing the cash value will reduce the available cash surrender value and death benefit.)

With permanent whole life insurance, the cash value is guaranteed to grow steadily over time, allowing you to not only safeguard your family’s future but also build wealth for generations to come.

Connect with an SPA Financial Group agent to explore the life insurance options best suited to your needs and secure a brighter future for yourself and your loved ones.

Determining the right amount of life insurance coverage depends on several factors unique to you, including:

• Your Budget: What you can comfortably afford for premiums.
• Your Family Situation: Current and future needs of your loved ones.
• Your Needs: Immediate financial responsibilities like debts or education costs.
• Your Goals for the Future: Long-term plans such as building wealth or providing for future generations.

An SPA Financial Group agent can guide you through these considerations and help identify solutions tailored to your specific circumstances and aspirations. Let us help you secure the coverage you need to protect what matters most.

Having life insurance through your workplace can be a convenient and cost-effective benefit. However, there are some limitations to consider:

• Coverage Ends with Your Job: Employer-sponsored life insurance typically ends if you leave your position.
• Limited Options: Workplace plans often provide fewer coverage options, which may not fully meet your needs.

With individual life insurance, you have greater flexibility and control. Whether you’re looking to replace or supplement employer-sponsored coverage, an individual policy stays with you as long as you continue making payments—providing long-term financial security for you and your loved ones.

Connect with an SPA Financial Group agent to explore individual life insurance options that align with your goals and ensure uninterrupted protection.