Life insurance helps to ensure that your loved ones are protected against financial difficulties in the event of a premature death. It provides financial security for your family by protecting your financial resources, such as your present and future income, against the uncertainties of life.
More specifically, life insurance provides cash to your family after your death. This cash (the death benefit) replaces the income you would have provided and can meet many important financial needs: it can help pay the mortgage, run the household, send your kids to college, and ensure that your dependents are not burdened with debt. The proceeds from a life insurance policy could mean that your family won’t have to sell assets to pay outstanding bills or taxes. Also, there is no federal income tax on life insurance benefits.
FCNB Insurance offers three types of Life Insurance: Permanent Insurance, Term Insurance and Long Term Care and Disability Insurance.
Designed to provide life-long coverage with benefits and features usually not available with term life insurance policies. Cash value is available for emergencies, family members can be included and coverage premium payments generally remain level. FCNB Insurance offers Universal Life Insurance, Whole Life Insurance and much more.
Provides coverage for a specified period of time such as 10, 20 or 30 years. It is designed to protect short-term needs such as debt obligations, mortgages or protection while children are young. Typically, term insurance does not provide cash value. A variety of options are offered through FCNB Insurance.
Long Term Care and Disability Insurance
This product, as well as many more options, are offered through FCNB Insurance. With the help of one of the insurance professionals at FCNB Insurance, you can develop a comprehensive insurance plan that will protect you and your family.
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