Life insurance is used to
protect the ones you love
In a sea of financial decisions there's one that's easy: Protect your loved ones in case something happens to you. Getting life insurance is affordable and protects your family financially.
How much life insurance do you need?
Many working Americans identify their top life priorities as protecting their family, having enough money in retirement, and educating their children. We encourage our clients to asses what will happen to such priorities if something unfortunate happens.
At capital elements, we follow a methodology called “Human Life Value” to asses your life insurance needs.
Speak to us to help you structure and understand your needs to find the best life insurance solution.
Explaining life insurance
Like any form of Insurance, you are familiar with Life Insurance is a protection mechanism where an insurance company will pay a set amount of money, tax-free to whomever you nominate when you pass away.
If you pass away suddenly your family will still have monthly household expenses on top of the mortgage, debt repayments, and your kids’ tuition. All of this financial stress is on top of mourning your loss and the other non-financial challenges a death brings into a family.
Depending on the stage of your life and the people you care for we can help you create a solid foundation for your loved ones that will enable them to “Live in Peace”
Read our blog on how Life Insurance should fit into your financial plan
Life insurance coverage at a glance
Whether you're looking for the affordability of term insurance, the lifelong protection and cash value of permanent insurance, or a combination of both, we have options to fit your needs and budget. Decide which coverage is right for you before getting a life insurance quote.
- Term is the simplest and cheapest form of Life Insurance.
- Covers you for a specific period of time with the option of having a fixed price.
- Term Life is most suitable for young adults and young families and can be used to cover debts and expenses related to raising children.
- Whole Life Policies are the safest permanent life insurance policy that gives a policyholder the option to build cash value on a tax-deferred basis.
- Premiums can be fixed and structured to be paid over a limited period. But the payout in such policies is guaranteed
- For individuals who meet the IRA/Roth IRA contribution limits , whole life insurance is a great addition to your financial plan as a savings vehicle. It has inbuilt “living benefits” to support policyholders later in life in addition to the payout to loved ones when you pass.
- Universal life is a policy with flexible premium payments and death benefits that can help you protect your loved ones while building tax-deferred savings.
- Universal life offers more control to the policy owner, but it also requires oversight as the death benefit is not guaranteed.
- You can adjust your policy as your life evolves, and it provides a structure to change premiums (within limits) as your life changes.
- You select, based on your goals, time frame, and comfort level with risk, from the underlying investment options available through your VUL policy.
- Depending on the performance of your selected investments, the cash value of your policy can either increase or decrease.
- You can access the policy’s cash value for personal use through loans and/or withdrawals.
- You’ll take on a more active role than with other types of policies, periodically checking investment options’ performance and making adjustments as needed.
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Variable Universal |
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Guaranteed payout for your loved ones* |
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Chance to receive a dividend (yearly payout)5 |
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Coverage that lasts for your entire life* |
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Builds cash value over time that can be used for anything2 |
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Choose amount and frequency of payments** |
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Flexibility to change coverage amount |
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Premiums (payments) that never increase |
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Choose how your cash value is invested |
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* Unless you cancel or stop paying your premiums. ** Subject to policy minimums. Independent of the death benefit. |
Request a Life Insurance Policy Audit
Our policy audit process is not just about comparing product features and pricing. We re-evaluate your life goals, needs, and wants and ensure you have a risk management strategy to protect them.
We will provide a simple yet comprehensive framework to ensure there is protection for your loved ones and for all the assets you worked hard to build.
Shop life insurance for small businesses
You’ve built your business. Let’s ensure a solid risk management framework to protect what you created.
We want to help you ensure you meet all personal and business goals. We also help you structure business continuation when you retire with specialized exit plans and key employee coverages.
Request a call back.
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