Nothing is more important than the life and health of the ones you love. Here at Erica Boll Insurance, we offer a wide range of life and health insurance solutions designed to protect your family against the unexpected.
Life insurance prevents a loss from becoming a financial burden by providing financial benefits for surviving loved ones. There are different types of life insurance – term, whole, and universal coverage. They differ in the amount of coverage they offer, how long the coverage is effective, and the types of advantages they offer in addition to a death benefit.
Term Life Insurance
Term life insurance offers high coverage levels at low, affordable premiums. These policies are primarily designed for income replacement – especially during the working years when you are more likely to have dependents to support. Term life insurance premiums do not increase, and the policies are effective for a pre-determined amount of time, which is often 15 to 30 years or more.
Whole Life Insurance
Whole life insurance is coverage that lasts for life so long as premiums continue to be paid into the policy. Although premiums tend to be higher than term life insurance premiums, these policies accumulate cash value over time, allowing you to borrow against the policy in times of need. Furthermore, premiums are consistent for life and will never increase – even if you experience changes in health.
Universal Life Insurance
Universal life insurance is permanent coverage much like whole life insurance. However, these policies offer greater flexibility in premiums and coverage as your needs change over time. You may be able to pay more or less for premiums in various seasons of life and adjust coverage as necessary. These policies are often used for wealth generation, as the cash value accumulates tax-free.
Get a Wisconsin Life Insurance Quote Today
Generally, the younger or healthier you are, the lower your premiums will be. That is why there is no better time than now to purchase life insurance. You never know what tomorrow may hold. Give us a call here at Erica Boll Insurance to request your life insurance coverage assessment and get a quote today.
Your health is your greatest asset. Protect it with a health insurance policy that meets your family’s needs. A lot has changed in health insurance over the past few years, and we here at Erica Boll Insurance can help you better understand the coverage available to Wisconsin residents – specifically those here in the New Holstein area. Whether you are unhappy with your employer’s plan, or you do not have access to an employer plan at all, we can help you get the coverage you need.
With so many options available, it is important to work closely with an independent agent to match your coverage needs with a policy that works for you. We can explain the details and nuances of each policy, including how various benefits may or may not work for you. We offer many different health plans, including:
- Low deductible health insurance
- High deductible health insurance
- Health insurance with low prescription drug co-pays
- Health insurance with low doctor’s office co-pays
- Catastrophic health insurance coverage
- And more
We can also help you better understand the enrollment periods and whether you may qualify for special enrollment due to the loss of a job or another life event, such as the birth of a child or a divorce.