Insurance

Life insurance is a vehicle for protecting your beneficiaries. It is a contract between an individual and an insurance company. The contract is called a policy and is purchased to insure the life of a person. The policy owner pays a single premium or periodic premiums to the insurance company for this policy.

Upon the death of the insured, the insurance company pays a death benefit to the named beneficiaries. Proceeds from a life insurance policy are generally free from federal income taxes.

Life insurance is purchased for many reasons, including estate preservation, replacing lost income and eliminating debts.

There are generally two types of life insurance - term and permanent. Term insurance is purchased for a specific period of time, while permanent insurance covers an individual until their death.

Call (808) 356-5199 to speak with one of our financial consultants to learn more about life insurance.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of Hawaii.

Securities and Insurance products offered through LPL Financial and its affiliates. Member
FINRA / SIPC.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE | NOT A DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY