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Life Insurance

Security That Grows With You

Life insurance does more than protect, it supports your journey and the people that matter most.

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Life Insurance

How can Luso American Financial help protect you?

Whether you’re looking for temporary coverage or lifelong protection, we offer versatile solutions to match your goals.

Our Life Insurance Options

Term Life Insurance

Affordable, temporary coverage for 10, 15, 20, or 30 years—ideal for specific financial needs like mortgage protection or income replacement.

Term Life Insurance Benefits
  • Affordability – Lower monthly costs compared to whole life insurance.
  • Simplicity – Continuous payments ensures your beneficiaries are covered if you pass away.
  • Flexibility – Choose a term that fits your needs, like covering a mortgage or child-rearing years.

Whole Life Insurance

Lifelong protection that builds cash value over time, offering peace of mind, financial flexibility, and a secure foundation for your future and loved ones.

Whole Life Insurance Benefits
  • Lifetime Coverage –Coverage for life, as long as premiums are paid.
  • Cash Value Growth – Part of your premium grows over time and can be borrowed against.
  • Fixed Premiums –Consistent premium payments throughout your life.

Ready to start your life insurance coverage?

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Which life insurance is right for you?

Still unsure? Contact us to explore your options.

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Stability When It Counts

Providing Stability When
It Matters Most

Life insurance offers assurance and peace of mind for the unexpected:

  • Income Replacement

    Provide resources to support your loved ones when you are no longer there.

  • Debt Protection

    Shield your family from financial burdens like loans or mortgages.

  • Legacy Building

    Fund future goals for your family, charities, or personal aspirations.

  • Emergency Funds

    Access cash value in eligible plans to address life’s unexpected opportunities or challenges.

What’s the Difference Between Term and Whole Life Insurance?

Term and Whole Life Insurance are the two primary types of individual life insurance. Here’s a quick comparison to help determine which option suits you and your family best.

Term Life Insurance

Think of term life insurance as a subscription. You choose how much coverage you want for a set period (your “term”) and pay a flat-rate premium each month. If you pass away during this time, your beneficiaries get a lump-sum payout (the “death benefit”). The rates stay the same throughout the term and are usually more affordable than whole life insurance.

Term life may work for you if:
  • You need a policy that replaces your income for a set period, such as during child-rearing or to pay off a mortgage if you pass away.
  • You need coverage for short-term financial obligations, like bank loans or credit card debt, in case of your passing.
  • You need additional coverage for a limited time, such as while raising children or launching a business.
  • You want the most cost-effective coverage.
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Financial Life Insurance Couple Smiling Signing Document

Whole Life Insurance

Whole life insurance sticks with you for life as long as you keep paying the premiums. Your beneficiaries are guaranteed a payout when you pass away. Plus, part of your payments build a “cash value” that can grow over time and may be borrowed against tax-free. Because it covers you for the long haul, whole life premiums tend to be higher.

Whole life may work for you if:
  • You need a policy that lasts your entire life, ideal for legacy planning or covering final expenses.
  • You need a policy that accumulates cash value over time.
  • You are approaching or at retirement age.
Payment Options:
  • 10-Pay Life: Paid up in just 10 years with lifetime benefits.
  • 20-Pay Life: Spread payments over 20 years for long-term affordability.
  • Simplified Issue Whole Life: Quick and straightforward coverage with no medical exam.
  • Single Premium Whole Life: A one-time payment for lifelong coverage and immediate cash value growth.
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  • Not Sure Which Plan Is Right for You?

    Take our quick 60-second quiz to discover the perfect life insurance plan for your needs.
    Take 60-Second Quiz

  • How much coverage do you need?

    Our Life Insurance Calculator estimates the amount of coverage you need for your family’s security.
    Calculate Life Insurance Coverage

Life Insurance FAQs

Find The Answer

If you still can’t find what you’re looking for, speak with an advisor for personalized guidance.

Speak with an Advisor

What is life insurance?

How do I decide between term and whole coverage?

How much coverage do I need?

Your Financial Future Starts Here

Take the next step with specialized plans designed just for you.

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