Term and permanent life insurance in Edmonds, WA

Life insurance pays a tax-free death benefit to the people you name, so they can cover the mortgage, daily expenses, debts and future goals like college if you die. For most families, affordable term life insurance is the foundation. Permanent coverage can make sense for lifelong needs, estate planning or business owners.

Types of life insurance

• Term life: coverage for 10, 20 or 30 years at the lowest cost per dollar of protection.
• Whole life: lifelong coverage with guaranteed premiums and cash value.
• Universal life: permanent coverage with more flexible premiums and death benefits.
• Final expense: smaller policies to cover funeral and end-of-life costs.
• Business life insurance: key person coverage and buy-sell agreement funding.

How much coverage do you need?

A quick estimate is 10 to 12 times your annual income, but the right answer depends on your mortgage, other debts, how many years your family would need support, education goals and the savings and workplace coverage you already have. We run the numbers with you and show the cost of a few different amounts so you can choose.

Workplace coverage is rarely enough

Group life through an employer is often one or two times salary and usually ends when you leave the job. An individual policy stays with you.