Life Insurance

Whole Life Insurance

Whole life insurance is a form of permanent coverage that, as the name suggests, lasts for a policyholder’s lifetime and is eventually paid out to beneficiaries upon their death. In addition to the existing death benefit, whole life insurance also includes a savings component, which can be invested or accessed while the policyholder is still alive.

Selecting permanent life insurance can be quite a difficult decision, but with Usave Group by your side, you’re not alone. We’ll help you compile, consider, and choose from your countless options to find a consistently affordable premium year after year.

Term Life Insurance

Term life insurance only offers policyholders coverage for a specified period of time. As an initially less expensive form of coverage compared to its permanent counterparts, term insurance gets its value solely from a guaranteed death benefit. Meaning, if the policyholder passes during the specific term, beneficiaries will receive the insurance payout.

Feel confident investing in term life insurance for a relatively small initial premium at the professional guidance of Usave Group. Whether acquired for extra protection or meeting short-range goals, we’re equipped with the knowledge and expertise to get you the most coverage for your money.

Universal Life Insurance

As a form of permanent life insurance, universal life coverage combines a savings component with its promised lifelong protection. With this kind of policy, the insured can withdraw or borrow against the plan’s cash value, earn interest, adjust the death benefit, and retain flexibility with their premiums.

Similar to acquiring whole life insurance, weighing different universal life insurance policies is one of the biggest decisions you will make for you and your family. Allow our team to break down the complexities of flexible premiums to ensure that, above all else, your life insurance needs are being met at every turn.

Index Universal Life Insurance

Indexed universal life insurance allows policyholders to build wealth while also guaranteed a death benefit for beneficiaries. Under this kind of insurance plan, a portion of the policyholder’s premiums are put toward both renewable term life insurance and the policy’s cash value. This enables policyholders to earn interest over time, provided the policyholder understands the complexities of such coverage.

Interested in choosing an alternate path to life insurance coverage? Over the years, we’ve confidently guided countless clients through securing indexed universal life insurance, where cash value amounts can either be allocated to fixed or equity index accounts. No matter your preferred route to coverage, we’ll be right by your side to advise and guide you.

Living Benefits

Living benefits can be described as the cash benefits available to policyholders after having paid premiums over a certain period. Hence its name, this cash value is available to the insured while still alive, as opposed to being paid out to beneficiaries after the policyholder’s death.

Explore every option under life insurance policies to receive supplementary benefits and protection when you need it most. If and when your family needs the additional coverage, you can rest easy knowing it’s right at your fingertips.

Annuity

Often used as a way to fund retirement, annuities can be included in insurance policies in order to provide a fixed income stream over a certain period of time or the policyholder’s entire lifetime. In all, this cash value can either be paid in a lump sum or over the course of many payments but is regularly dispersed to the insured for the designated period.

With various life insurance providers in Texas, Usave Group is dedicated to making sure you’re protected for life. Through the option for annuitization, your contributions can be converted into periodic payments that will keep you living comfortably no matter the circumstances.