Life Insurance

Providing Piece of Mind

Life insurance is the perfect method to continue caring for your family after you're gone. It's one of the ways you can ensure they're protected. Millhiser Smith offers dozens of plans. Let us help you select the one that is just right for you.

Protective Life Insurance for You and Your Family

Your spouse and children are your world. What are you doing to safeguard them? Life insurance is one way to protect your family.

Why do I need life insurance?

Life policies act as a financial safety net to protect family members who have faced loss as the result of death. Life insurance helps lift the burden due to funeral expenses, medical bills, lost income, business investments, etc.

How can Millhiser Smith help?

Specialists from our life department will work with you to help you find the appropriate life insurance coverage to give you and your loved one's support and give you peace of mind.

Products We Offer:

Whole Life Insurance

Not all life insurance policies are the same. Whole life insurance is a great way to invest in your future.

What is whole life insurance?

Whole life insurance provides permanent life insurance coverage for as long as you live and continue to make timely premium payments. Upon your death, the insurance payout is made to your designated beneficiaries.

Why do you recommend whole life coverage?

With level premiums and the accumulation of cash values, whole life insurance is a good choice for long-range goals. The guaranteed cash values can provide money later to help with temporary needs or emergencies.

Term Life Insurance

Sometimes it's important to have life insurance during a specific time in your life. For example, many couples wish to provide for their children until they turn 18. Term life coverage may be an excellent choice.

Why is it called term life?

Term life insurance provides protection for a stated time, or term.

Why is term life a good choice for me?

Term life insurance could be considered the simplest form of life insurance. It was developed to provide temporary life insurance protection for relatively little cost. Term insurance can be purchased in large amounts for a relatively small initial premium. It is well suited for short-range goals, such as life insurance coverage to pay off a loan, or providing extra life insurance protection during your child-raising years.

Key Man Insurance

Employees are the lifeblood of your business. You invest in your workforce through recruitment, training, and retention. What might happen if any of your critical team members were injured?

What is key man insurance?

Key man – or key person – life insurance is a policy businesses will take out on one or more members to compensate the business for financial losses that arise from death or incapacity of the covered members.

Who should consider this coverage?

It is often used for business succession planning purposes. Experts in our financial services department can help you determine the appropriate amount of coverage for your circumstances.

Mortgage Life Insurance

Your home is your castle. Would your family be able to afford the mortgage payments after your death? They can, with mortgage life insurance.

How does mortgage life insurance work?

Mortgage Life Insurance is a type of term life insurance paid by borrowers. The amount of coverage decreases as the principal balance declines. In the event that the borrower dies while the policy is in force, any debt is automatically satisfied by insurance proceeds.

Who can purchase this type of coverage?

An owner of property, who has taken out a mortgage on the property, can purchase mortgage life insurance. Mortgage Life Insurance pays off the mortgage upon the death of the mortgagor or owner.