Life Insurance Plans for Families and Seniors
Protecting Your Family’s Future
Life insurance plans provide the funds loved ones need for final expenses, debts, and income replacement. Benevolent Insurance Group Services helps young families, small business owners, and retirees in Maryland and New York choose coverage that matches real goals, from mortgage protection in Columbia or Towson to estate planning in Westchester and the Bronx. If you prefer to review Medicare and health benefits alongside life coverage, visit Medicare plan options for a complete picture of your household protection.
Term Life Insurance for High Coverage at a Low Cost
How Term Life Works
Term coverage lasts for a set period such as 10, 20, or 30 years and pays a level death benefit. It is often the most affordable way to protect income and major debts during child-raising years.
Key Features
No cash value. Many policies offer conversion to permanent life within certain timeframes. BIGS shops multiple carriers to match budget and term length.
Who It’s For
Parents, homeowners, and anyone needing higher coverage for a defined timeline. We can prepare quotes that line up with loan payoff dates or college milestones.
Permanent Life Insurance That Lasts a Lifetime
Whole Life and Universal Life
Permanent policies stay in force as long as premiums are paid and can build cash value. Whole life offers guaranteed growth with fixed premiums. Universal life provides flexibility for changing needs.
Uses of Permanent Life
Cover final expenses, leave a legacy, fund a buy-sell agreement, or build accessible cash value. Many seniors prefer smaller permanent policies so coverage never expires.
Cost and Commitment
Premiums are higher than term for the same death benefit, but the policy does not end after the term. BIGS compares carriers and designs that fit steady budgets.
Final Expense Insurance for Simple, Reliable Coverage
Final expense insurance is a small whole life policy focused on funeral and burial costs, often $5,000 to $25,000. Many policies use simplified underwriting with quick decisions. BIGS helps Medicare clients and retirees in Baltimore, Silver Spring, the Bronx, and Queens find policies that match health history and monthly budgets. To explore details and pricing, read about final expense in our dedicated section.
How BIGS Helps With Life Insurance
Personal Needs Analysis
We calculate coverage ranges based on income, debts, and future expenses, then right-size the policy so it fits comfortably.
Carrier Selection
We work with respected insurers to compare rates and underwriting niches, including options for diabetes or blood pressure control.
No-Obligation Quotes
You receive clear choices with zero pressure and time to decide.
Life Insurance Questions Answered
What is better, term or whole life
It depends on your goals. Many families carry term for income protection and add a smaller permanent policy for lifelong needs.
Can seniors over 65 get life insurance
Yes. Term duration may be shorter, but final expense and other permanent policies serve seniors well into their seventies and beyond.
Do I need a medical exam
Not always. No-exam options exist for certain face amounts. Healthy applicants may save by taking an exam for larger coverage.
How much life insurance do I need
A common approach is five to ten times annual income, adjusted for debts and future goals. We can tailor a plan to your numbers.