Life & Health Insurance
Understand your life insurance options before you decide what to buy.
A look at term and permanent life insurance, what each is built for, and how to think through how much coverage to consider.
No obligation. Starting a review does not change or bind any coverage.
What's going on
Maybe you don't have life insurance yet, or you got a policy years ago through work and aren't sure it still fits. Maybe a new baby, a mortgage, or a change in income has you thinking about it for the first time. This is where to start sorting through the options.
Why it matters
Life insurance replaces income or covers expenses for the people who depend on you if you die. The two main types work differently: term insurance covers you for a set period at a lower cost, while permanent insurance covers you for life and can build cash value. Neither is inherently better — they're built for different situations. How much coverage to carry is a decision only you can make, based on your own finances and what you want it to accomplish.
Things worth considering
Points we would talk through with you. Which of them apply depends on your situation, and what you do about them is your decision.
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Term or permanent — which fits your situation?
Term insurance is generally lower-cost and covers a specific period, such as 20 years. Permanent insurance lasts your whole life and includes a cash value component. Each is worth discussing against what you're trying to accomplish.
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How much coverage makes sense for you?
This is your decision to make, based on the information you provide about your income, debts, and the people who depend on you. We don't set a target number for you.
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Do you already have coverage through your employer?
Group life insurance through work is often a modest, flat amount and typically doesn't move with you if you change jobs. It's worth knowing what you'd be left with if that coverage went away.
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How long do you need the coverage to last?
A term policy tied to the years remaining on a mortgage or until children are grown is a different conversation than coverage meant to last your entire life.
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Are there health factors that affect your options?
Underwriting varies by company and by health history. This is something worth discussing early, since it can affect which options are available to you.
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Does your policy need to be updated after a life change?
Marriage, a new child, a new mortgage, or a change in income are all reasons to revisit coverage you already have.
Information on this website is general in nature and is not a complete description of any insurance policy or every coverage option that may be available. Coverage availability, terms, conditions, limits and exclusions vary by insurer, policy and individual circumstances. The issued insurance policy and applicable endorsements control coverage. Beacon Point Insurance Group may provide information regarding available insurance options and discuss coverage considerations based on information you provide, but customers are responsible for selecting the carrier, coverages, limits and deductibles they wish to purchase. No insurance coverage is bound, changed, or canceled through this website unless confirmed by Beacon Point Insurance Group or the applicable insurer.
How this tends to come up
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A policy that hadn't kept pace with a growing family
A couple in the Kansas City area bought a small term policy early in their careers. Years later, with two kids and a mortgage, a review showed the coverage hadn't kept up with what had changed.
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Relying only on employer coverage
An Independence resident assumed the life insurance offered through work would be enough. Comparing it against their actual expenses led to a conversation about whether additional coverage made sense.
We Learn. We Compare. We Explain. You Decide.
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We Learn
We ask questions about your situation and the insurance you currently carry.
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We Compare
Based on the information you provide, we can obtain and compare available options from the insurance companies we represent.
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We Explain
We help you understand important differences in coverage, limits, deductibles, policy terms, and price.
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You Decide
You select the company, coverages, limits, deductibles, and options you want to purchase.
What working with us is like
The part people tend to mention is that someone explained it and then let them decide.
More life & health coverage
Let's find the options that work for you.
No obligation. Starting a review does not change or bind any coverage.