Life Insurance

Secure your family’s financial future with a policy right for your needs.

Life Insurance

Secure your family’s financial future with a policy right for your needs.

We will find the best insurance policy to fit your budget and your needs. Request a quote >>

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Get to Know the Basics of Life Insurance

Protect your family’s future with a life insurance policy. Whether you’re interested in protecting your children’s financial future or want to make sure your spouse can maintain their standard of living, Rutkousky Agency will help you find a life insurance policy that is right for you and your family.

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Common Types of Life Insurance Coverages

Please contact an agent for a comprehensive explanation or with any questions.

Common Types of Life Insurance Coverages

Please contact an agent for a comprehensive explanation or with any questions.

Whole

Whole Life Insurance is pretty much what it sounds like. These policies provide coverage for your entire life or until a certain maturity date that they can be collected on. These kinds of policies are known as permanent life insurance policies.

• Builds up cash value over time
• Covers a policy holder for their entire life
• Higher premiums than term insurance
• Set premiums that do not change
• Can borrow against the value of their policy

Term

Term Life Insurance is life insurance you purchase for a particular period of time or “term” (10, 20, 30 years, etc.). There are often higher insurance needs during certain time periods of life, like when you have dependents or are paying off large loans. It makes sense to purchase a Term policy to specifically cover these periods.

• Lower premiums than whole life insurance
• Premiums do not change during term
• Covers time periods known as “terms”

Universal

Like Whole Life Insurance, Universal Life Insurance is a form of permanent life insurance. The primary difference between Universal and Whole is that Universal Life Insurance has flexible premiums as opposed to the fixed premiums found in Whole life insurance.

• Has flexible premiums
• Ability to change/adjust policy as needs change
• Optional riders available for better protection
• Covers a policy-holder their entire life
• Ability to pay policy for a certain number of years

Securities offered through Nationwide Securities, LLC., member FINRA, SIPC, DBA Nationwide Advisory Services, LLC. in AR, CA, FL, IL, NY, TX and WY. Representative of Nationwide Life Insurance Company, affiliated companies and other companies. Visit FINRA Broker Check.