Life Insurance to protect your family, your future, and your business.

Life insurance is often seen as a difficult topic to discuss because the majority of people do not want to think about dying. Although some of us can identify with this process, it is important to think of life insurance as offering peace of mind for your loved ones.

  • According to LIMRA International, 68 million adults have no life insurance at all.
  • 48 million US households don’t own life insurance and believe they should or own life insurance and believe they need more.
  • On average, households saying they need more insurance own enough life insurance to replace their income for 2.8 years, but thought they should have enough to cover 6 years of income.

The Need For Life Insurance

Life Insurance is a cornerstone of your financial protection. Coverage can provide you needed cash in the event of an unforeseen event and may help you provide funds to:

  • Pay off a mortgage
  • Pay for your final expenses
  • Pay for education  and childcare costs
  • Pay off outstanding debts
  • Provide Estate Liquidity
  • Provide lifetime income to spouse or child
  • Ensure business liquidity - Key Man Protection
  • Fund business Buy-Out Arrangement

Types of Life Insurance

Policies differer based on the insurer and its coverage offerings. Variables may include, but are not limited to: death benefit, cash value, policy riders, coverage term, and convertibility.

Term Insurance 

Term Insurance has no cash value, lower premiums with level premium payments  and coverage for a specific period of time (term). Typically, these terms can be 5, 10, 15, 20 and 30 years.

Permanent Insurance

Permanent Insurance offers lifelong protection and builds cash value. Permanent insurance can offer flexibility of premiums and design options to the insured. Cash values may be accessed with loan, partial surrenders or surrender of the policy. Cash Value can be helpful for situations like: emergencies, supplementing education costs or retirement income.

A few common types of permanent insurance are:

  • Whole Life
  • Universal Life
  • Indexed Universal Life
  • Single Premium Whole Life
  • Single Premium Universal Life
Muneris Benefits | Health Insurance, Benefits and Medicare
The Importance of Life Insurance - Muneris Benefits - Roanoke Virginia

The Importance of Life Insurance

Do you realize the Importance of Life Insurance? It’s been a tough month in my business. Among other products, I sell life insurance to employers, employees, and individuals. I sold my first policy in 1988, and almost 30 years later, my zeal for helping folks plan has not faded. Life insurance is not about you-…

NAIC Guide to Buying Life Insurance

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September is Life Insurance Awareness Month

On behalf of Muneris, we thank you for your business and your trust.  September is Life Insurance Awareness Month(LIAM) in my industry and it creates an opportunity as an employer to make sure your employees are reminded of their need for life insurance protection.  The YouTube below video underscores the importance of buying protection for…

Muneris Benefits
Muneris Benefits
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Phone: (540) 563-1005
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