In exchange for premium payments, an insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured's death. This lump sum payment can be used to cover funeral expenses, fill the income gap left by the deceased or keep a small business in operation.
There are a variety of life insurance options available to both individuals and businesses alike. Death, unfortunately, is an inevitability. Making sure we have a plan in place goes a long way in protecting our loved ones and also protecting the businesses we have spent our lifetime building.
Let the experts at PTH Financial & Insurance guide you to the policies which best suit the needs of your family and your business. From basic term and whole life policies to key-employee and business life insurance we can help you on the road to sustaining your family and your business long after you are gone.