Rankin & Rankin Life / Disability Services

Rankin Insurance Services Life Disability Life Insurance
Rankin-Insurance-Services-Life Insurance
Life Insurance

Life insurance is a financial protection policy for your family that gives them a tax-free cash payment if you die while the policy is in effect. Term life gives you coverage for a set period of time—usually while you have dependents relying on your income.

Rankin Insurance Services Life Disability Term Life Insurance
Rankin-Insurance-Services-Term Life Insurance
Term Life Insurance

Term life insurance is the most affordable type of life insurance. This makes it popular among young adults who are just starting families of their own. With a term life policy, you select the number of years—the term—in which your policy will be active. You may find monthly premiums to be affordable. But, keep in mind that dependents will receive a payout only if the policyholder dies within the specified term.

Rankin Insurance Services Life Disability Whole Life Insurance
Rankin-Insurance-Services-Whole Life Insurance
Whole Life Insurance

Whole life insurance provides financial protection over your entire lifetime. This is different from a term life insurance policy, which provides protection for a specified period of time. Also, known as ordinary life or straight life, whole life insurance is in the cash value category of life insurance. Universal life, variable life, and endowment policies are also in this category.

Rankin Insurance Services Life Disability Universal Life Insurance
Rankin-Insurance-Services-Universal Life Insurance
Universal Life Insurance

If you want the reassurance that life insurance provides, while building a significant financial asset and simultaneously allowing for a degree of variability in your income or cash flow, universal life insurance might be the answer.

Rankin Insurance Services Life Disability Individual Disability Insurance
Rankin-Insurance-Services-Disability Insurance
Disability Insurance

Disability insurance is a type of insurance that will provide income in the event a worker is unable to perform their work and earn money due to a disability. There are many types of organizations that provide different types of disability insurance.

Rankin Insurance Services Life Disability Group Life Insurance
Rankin-Insurance-Services-Group Life Insurance
Group Life Insurance

Life insurance is a critical part of a comprehensive employee benefits package that helps support employees’ financial wellness. After all, a path toward better financial independence involves more than just building savings. Employees need to protect the things that are valuable to them. And at the top of that list are family and loved ones.