Children Whole Life
Long Term Care
Key Person Life
Buy-Sell Agreement with Life
Estate Planning Trust
We understand that buying Life Insurance isn’t the the most exciting thing to buy, but it is something we all need. We believe it is the ultimate love letter to your family. As an independent agency, we offer Term and Permanent coverage on individuals and for business coverage needs, such as Buy-Sell funding and Key Person. We have options for your entire family, parents, and dependents, as well as, a range of life insurance companies from which to choose. Our life insurance professionals will shop carriers to find the match best suited for your needs. We also offer Long Term Care, Disability, and Final Expense Polices.
Offers coverage for a set number of years (typically 10, 20, 30 years) with guaranteed level premiums. Some term policies are now offering a living benefit option. These benefits provide the option to receive an accelerated death benefit in the event of a qualifying chronic, critical, or terminal illness, while the insured is still living. Contact us to learn more!
Or permanent insurance is coverage that builds a guaranteed cash value. It is long-term financial protection that lasts your entire life. This type of policy can even be purchased on a newborn baby. Contact us to learn more!
Is another form of permanent insurance that offers additional features like the flexibility to adjust your payment schedule along with a cash value that builds. Contact us to learn more!
NGL Funeral Trust
Can help you qualify for Medicaid now. The policy may be considered an exempt asset under Medicaid guidelines. You can set aside up to $15,000 to cover your funeral and other final expenses. The funeral costs are paid first with the excess funds paid to the estate of the insured.
NGL Estate Planning Trust
Designed to easily transfer wealth – up to $100,000. Funeral costs are paid first with excess funds paid directly to your named beneficiaries. It is ideal for leaving a financial legacy to loved ones or to your favorite charities. You can name as many beneficiaries as you wish. The policy may be considered exempt from Medicaid 5 years after issue.
“For about the same cost as your weekly latte fix, we have found qualified individuals affordable options.” - Team Mongin
Not sure how much life coverage your family needs? Here is a basic survivor needs analysis that we recommend completing before applying. If you would like to complete a more detailed analysis please give us a call to speak with a team member.
Debt (mortgage, credit card, vehicle, student) +
Income (annual income of each spouse times the number of years your family will need your income replaced) +
Final Expenses (funeral, medical bills, estate tax) +
College Funding (the percentage you want funded for your dependents) =
If you are still unsure whether you need life insurance or not, ask yourself this: If you are diagnosed with cancer, become critically ill or have less than 12 months to live, how would your family survive financially?
Imagine you’re at home when you hear a knock on the door. It is a police officer. The officer tells you that your spouse has been killed in a car accident. Or what if you were the one merging onto a highway going into work one morning and were in a fatal car crash. How would your family manage the mortgage, pay credit card debts and car loans or afford groceries to feed your family?
This is why life insurance is essential. Your family is your responsibility, and there’s nothing better than watching them succeed and sharing in their ambitions, dreams, and successes. In case of the many “what if’s” that may happen, you’ll want to be assured that you have provided financial stability. At Mongin Insurance we are here to give you the peace of mind that your loved ones will be taken care of.
*Product underwritten by National Guardian Life Insurance Company (NGL). National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.