From affordable term coverage to lifetime protection and long-term care, discover the right insurance solution for every stage of your life.
Term Life
Affordable protection for 10, 20, or 30 years
Whole Life
Lifetime coverage with guaranteed cash value
Indexed Universal Life
Flexible premiums with market-linked growth
Long Term Care
Coverage for nursing, assisted living, and home care
Protection for what matters most, when it matters most
Term life insurance provides financial protection for a specific period of time—typically 10, 20, or 30 years. If you pass away during the term, your beneficiaries receive a tax-free death benefit. It's straightforward, affordable, and designed to protect your family during the years they depend on your income most.
Perfect for young families, new homeowners, parents with children, or anyone with temporary financial obligations like a mortgage or college tuition. If you need maximum coverage at the lowest cost, term life is often the ideal solution.
Maximum Affordability
Get the most coverage for your budget—often pennies per day
Flexible Term Lengths
Choose 10, 20, or 30-year terms to match your specific needs
Simple & Straightforward
Easy to understand with no complex features or investments
Quick Approval Process
Fast underwriting with many policies approved within days
Convertible Options
Many policies can be converted to permanent coverage later
Premiums are based on age, health, term length, and coverage amount. Younger, healthier applicants receive the best rates. Rates are locked in for the entire term period.
Permanent protection with guaranteed growth
Whole life insurance provides lifelong protection with fixed premiums that never increase. Unlike term insurance, it builds cash value over time that grows at a guaranteed rate. You can borrow against this cash value or use it for retirement income, making it both protection and a financial asset.
Ideal for those seeking permanent coverage, estate planning needs, or a conservative savings vehicle. Perfect for high earners, business owners, those with special needs dependents, or anyone wanting guaranteed lifelong protection with predictable growth.
Lifetime Protection
Coverage that never expires, regardless of your age or health
Guaranteed Cash Value
Builds wealth with guaranteed growth, tax-deferred
Fixed Premiums
Premiums never increase—locked in for life
Policy Loans Available
Borrow against cash value for emergencies or opportunities
Dividend Potential
Many policies pay annual dividends (not guaranteed)
Higher initial premiums than term insurance, but never increase. Part of premium goes toward cost of insurance, part builds cash value. Fixed rates provide budget certainty for decades.
Flexible protection with market-linked growth potential
IUL combines permanent life insurance protection with the potential for cash value growth linked to a market index (like the S&P 500). You get upside potential when the market performs well, with a floor that protects you from losses. Premiums are flexible, and you can adjust coverage as your needs change.
Great for those who want permanent coverage with more growth potential than whole life, but less risk than direct market investing. Ideal for individuals comfortable with some complexity, business owners, or those seeking tax-advantaged wealth accumulation with downside protection.
Market-Linked Growth
Cash value tied to index performance—upside potential without direct market risk
Downside Protection
Floor guarantees you won't lose money in down markets (typically 0-1%)
Flexible Premiums
Adjust payment amounts as your financial situation changes
Tax-Free Access
Access cash value through loans and withdrawals, potentially tax-free
Adjustable Death Benefit
Increase or decrease coverage as your needs evolve
Premiums typically fall between term and whole life. Flexible payment options allow you to pay more in good years, less in tight ones. Policy performance depends partly on index performance (subject to caps and floors).
Protect your savings and your family from care costs
Long term care insurance helps cover the costs of assistance with daily activities (bathing, dressing, eating) due to aging, illness, or disability. It pays for nursing homes, assisted living facilities, adult day care, and in-home care—expenses that Medicare and traditional health insurance don't cover.
Essential for individuals ages 50-65 with assets to protect, those with a family history of chronic illness or dementia, and anyone who wants to avoid burdening family members with care responsibilities or costs. The ideal time to buy is while you're healthy and premiums are lower.
Asset Protection
Preserve your savings from being depleted by long-term care costs
Flexible Care Options
Coverage for nursing homes, assisted living, adult day care, or home care
Family Peace of Mind
Relieves family from financial and caregiving burdens
Choice & Independence
Affords you more care options and control over your situation
Inflation Protection
Optional riders to keep benefits pace with rising care costs
Premiums based on age at purchase, health status, benefit amount, benefit period, and optional riders. Purchasing in your 50s or early 60s while healthy provides the most affordable rates. Hybrid policies combining life insurance and LTC are also available.
See how each type of insurance stacks up to find the perfect fit for your needs.
| Feature | Term Life | Whole Life | IUL | Long Term Care |
|---|---|---|---|---|
| Coverage Duration | 10-30 years | Lifetime | Lifetime | Until benefits exhausted |
| Cash Value | None | Guaranteed growth | Index-linked growth | Optional hybrid |
| Premium Type | Fixed (term length) | Fixed (lifetime) | Flexible | Fixed or increasing |
| Typical Cost | Lowest | Higher | Moderate-High | Varies by age |
| Death Benefit | Yes (during term) | Yes (guaranteed) | Yes (adjustable) | Optional (hybrid) |
| Best For | Temporary needs | Estate planning | Wealth building | Care costs |
| Complexity | Simple | Moderate | Complex | Moderate |
Get answers to the most common questions about our coverage options.
A common rule of thumb is 10-12 times your annual income, but this varies based on your debts, income replacement needs, future expenses (like college), and existing savings. We'll help you calculate the right amount during your consultation.
Term life covers you for a specific period (10-30 years) at a lower cost, while permanent insurance (whole life, IUL) lasts your entire life and builds cash value. Term is great for temporary needs like mortgage protection, while permanent works well for estate planning and lifetime coverage.
Many term life policies include a conversion option that allows you to convert to whole life or universal life without a medical exam, typically within the first 10-20 years. This is valuable if your health changes or you decide you want permanent coverage.
The ideal time is in your 50s or early 60s when you're still healthy and premiums are more affordable. Waiting too long can result in higher costs or even disqualification due to health issues. About 70% of people over 65 will need some form of long-term care.
Part of your premium goes toward the cost of insurance, and part builds cash value that grows over time. In whole life, this growth is guaranteed. In IUL, it's linked to a market index. You can borrow against this cash value or withdraw it (with some limitations), often tax-free.
It depends on the policy type, coverage amount, and your age. Many term policies require an exam for larger coverage amounts, while some policies offer simplified or guaranteed issue options (typically with lower coverage limits). We work with multiple carriers to find the best option for your situation.
Schedule a free, no-obligation consultation to discuss your family's unique needs and find the right coverage solution.
Questions? Call us at (123) 456-7890 or email hello@starkefinancial.com
