Life Insurance
Life happens beyond the business–and we’ve got you covered here, too.
With a commitment to our community, personalized service, and expert knowledge, Arrigo is here to help you make informed decisions and navigate the path to a secure future. We provide a range of comprehensive life insurance options tailored to your unique needs, ensuring peace of mind and financial security.
Term Life
Fixed monthly payments & level payouts
Your kids grow up, your mortgage gets paid off and your financial needs change. With Term Life, you have coverage options without a lifelong commitment.
Features:
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With our Annual Renewable Term (ART) you can get short term needs at an affordable cost.
5, 10, 15, 20, 30-year term periods available.
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Only pay for the years when your family needs it most.
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Coverage that can adapt to you, such as receiving benefits early to cover an illness.
Convert your coverage to permanent life insurance if your needs change.
Indexed Universal Life
Earning opportunities that you can pass on
Your policy can be tied to a particular stock index, such as the S&P 500, and earn credited interest based on its performance. As an added benefit, your policy will never be credited a negative interest rate.
Features:
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you may be able to make adjustments to your payments as long as your policy has enough value.
Policies may allow you to increase or decrease certain benefits.
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You can borrow against a portion of your policy in order to meet unexpected financial needs.
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Many policies offer riders that can be customized to help you accelerate benefits, change and even extend your coverage.
Whole Life
A lifetime of protection
With our Whole Life options, you can help make sure your loved ones receive guaranteed benefits after you're gone - no matter when that is.
Features:
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The cost of your policy will stay the same so you know what to expect.
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Although not guaranteed, we have a history of paying dividends to our policy holders.
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Feel good knowing your loved ones will receive their benefits on the terms you've defined.
Guaranteed Universal Life
There when you need it
Simple and customizable.
Features:
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Whether you only need coverage to a certain age or a guarantee that can last a lifetime, you can select the guarantees that work for you.
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If your circumstances change or you no longer need life insurance, the Guaranteed Cash-Out Rider may be your way to restore financial stability.
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Should you become terminally ill, a full or partial accelerated death benefit may be available to you, providing an unrestricted cash benefit for you to use for any purpose.
Universal Life
More flexibility, same lifelong coverage
Like Whole Life, Universal Life is considered a permanent life insurance policy. So what's different? Universal Life gives you the flexibility to adjust both payments and payouts as your journey unfolds.
Features:
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You may be able to adjust how much you pay into your policy as long as you keep enough available cash value.
You have the ability to increase or decrease your death benefits.
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You can borrow against a portion of your policy's cash value to help you pay for the unexpected.
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Riders help you customize your policy with options like disability waivers, extending coverage and covering your kids.
Long Term Care
Chronic illness causes about 70% of deaths in the U.S. and approximately 45% of Americans suffer from at least one chronic illness.
When your world is turned upside down due to a chronic illness, financial stress is the last thing you need.
What if you found yourself in a compromising chronic condition due to a serious illness or an unexpected accident?
Medical care is costly, but a Long Term Care or Hybrid Life Insurance Policy can be there for you should a chronic illness arise, and can help see you through your crisis.
