Most people buy life insurance to ease the burden on a family resulting from the death of a wage earner. Life insurance can also provide cash, to help ensure survivors are not burdened with significant debt when someone dies. It may mean family members will not have to sell assets to pay outstanding bills or taxes. Court and probate records show that in 75% of the cases, the estates do not have the cash to pay for these costs. So heirs are often forced to liquidate assets, like the family home...or the family business.

Are you paying too much for Life Insurance?
Ensuring your family's financial security is very important. Term Life Insurance makes buying life insurance simple and affordable. At SFIB, we try our best to serve your specific interests. Request your no obligation life insurance free quote today.

How much Life Insurance is necessary?
This depends on who looks to your financial support. If you have dependent children, it is suggested that you purchase a policy for about ten times the amount of your annual household income. Five times your income may be sufficient if you have no dependent children. Please click here to go to our Life Insurance Calculator, it would help you determine how much life insurance is right for you. If you have questions or need help please contact one of our SFIB professional agents.

What type of Life Insurance do we offer?
At South Florida Insurance Brokers, we offer two types of Life Insurance:

• Term Life Insurance
• Universal Life Insurance

Term Life Insurance
Our Term Insurance Plans offer you a choice of five coverage periods (5, 10, 15, 20, 30 years), plus a variety of optional benefits that enhance your basic coverage. You can create an insurance policy that is right for you.

Safeguard your business or family’s future by providing financial security through term life insurance. Term life insurance is an excellent low cost way to meet financial obligations. Level term insurance can be used for a wide range of protection needs. These needs could include:

Family protection - Term insurance will help your spouse or children continue the life you would like them to live without being burdened with financial worries.

• Mortgage Protection
• Head of Household Coverage
• Estate Preservation

A Variety of Business Protection - to cover loans, business owners, key-persons, and other business related exposures.

While some other term plans may offer protection at low cost, our Term Insurance Plans can ultimately return all of the premiums you have paid over the term period.

That’s right — with the availability of an optional Return of Premium Rider, our Term Insurance Plans stand apart from most of the rest!
With it, you can receive a refund of all premiums at the end of the term period. It’s simple: you get the death benefit if you die, and the money back if you live! However, any refund will be reduced by any rider benefits used, such as a disability or waiver of premium.*

If you need a Term Insurance Quote click here

*Refunds will be prorated if the policy is terminated prior to the end of the initial term period. No refund is made if the policy is terminated less than six years from the issue date.

Universal Life Insurance
Guarantees, Flexibility, Choice – the ideal ingredients for today and tomorrow.

Life is full of the unexpected. Are you looking for insurance that offers the flexibility you need to combat those twists and turns and guarantee protection for you and your family?

Universal life insurance is a sound choice. Along with providing a death benefit if you die, universal life also provides tax-deferred growth of your account value, competitive interest rates, flexible premium options, a variety of riders and waivers, and two death benefit options.

The Advantages of Universal Life Insurance

Universal life insurance is a life insurance policy combined with an interest-earning feature. This type of life insurance works for you by letting you choose how much life insurance you want, and how much you want to pay.

When you pay a premium, we credit that premium, less a premium expense charge, to your insurance policy. Every month, we deduct mortality and expense charges from your insurance policy, and we credit it with interest.

Your account value, less the surrender charge that would become due should you cancel your life insurance and any policy loan balance, is called the surrender value. The surrender value is the cash amount that you would be paid if you cancelled your coverage. Your insurance coverage stays in effect as long as your surrender value is sufficient to cover your monthly mortality and expense charges.

With Universal Life Insurance, you may vary the amount of premium you pay. Premiums fall into several different categories:

• The Minimum No Lapse Premium is the minimum premium amount needed to keep your policy in force. By paying this premium, your insurance is guaranteed to remain in force for 15 years.
• The Extended No Lapse Premium is the premium amount needed to keep your policy in force, as well as build your surrender value. By paying this premium, your insurance is guaranteed up to age 100.
• The Guideline Premium is the maximum premium amount that can be paid into your life insurance policy and still enjoy the favorable tax treatment applied to life insurance.

If you need a Universal Insurance Quote click here.