Life Insurance

PROTECT WHAT MATTERS MOST

Your family is your responsibility and your life, and there’s nothing better than watching them succeed and sharing in their ambitions, dreams, and conquests. But should something unexpected happen to you, you’ll want to be prepared for providing the assurance your family needs to keep their futures safe and sound. At Dorsey & Associates LLC, we’ll work with you to keep your family protected.

A proper life insurance policy can give you reassurance knowing that your finances and beneficiaries are secure – from temporary to permanent coverage. At Dorsey & Associates LLC, we understand that as things in your life change, so will your financial and insurance needs. That’s why it’s important to review your life insurance options with a specialist you can trust.

Whatever your situation, we offer life insurance options such as:

• Individual Life Insurance
• Group Life Insurance
• Long-Term Care Insurance
• Mortgage Protection Insurance
• Disability Insurance
• Second-To-Die Policy
• Key Person (Key Men) Insurance
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WHY LIFE INSURANCE?

Life insurance is one of the most important investments you can make. It’s an investment in yourself and the future of your loved ones, and it’s a way to secure your financial responsibilities to your family.

Your life insurance policy can be used to pay off debts and estate taxes, provide money for continuing mortgage payments, and keep your business up and running upon your passing. But most important, it can be used to ensure that your family’s dreams for the future become realities.

As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure this product is suitable for your long-term life insurance needs. You should weigh any associated costs before making a purchase. Life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

NFW-7747AO (02/18)

What’s Life Insurance? 
Life insurance provides a financial payout upon the death of the insured party. If the policy is in your name, it will pay upon your death.  

When a payout occurs, a beneficiary whom you name in the policy will receive a financial settlement, which can help them cover essential costs. Therefore, you can use life insurance to shore up your survivors’ financial solvency following your passing. 

The benefit might help survivors pay for: 

• Funeral costs

• Everyday needs and bills

• Debt settlements

• Targeted costs like a child’s education or a spouse’s health needs

The good news is, you can leave the money to almost anyone (including charities) and the money won’t go through probate. Therefore, your survivors will get a settlement before anyone else. 

What Policy Options Exist? 
Everyone has different life insurance needs. Often, you’ll be able to choose between two types of plans. 

• Term plans last a set number of years. Coverage will issue payment if you die during the term.

• Whole-life policies remain active indefinitely, as long as you pay your premiums. Many offer cash-accumulation and interest benefits.

When you choose a plan, you can name the sum you want to leave behind. Work with one of our agents to set up an appropriate framework for the use of the money. You might need to establish trusts or other beneficiary stipulations to govern payouts.  

Why Get Covered Now? 
Don’t wait to get life insurance. It’s critical protection at any stage of life. However, the earlier you get a policy, the more beneficial you likely will find it. 

Even though life insurance might not come into play until after your death, it still provides a great service to your survivors. Don’t hesitate, therefore, to get covered. In the end, your personal insurance options will prove instrumental in protecting your overall wellness and solvency well into the future. Contact us today at to learn more about your options.