| Life
Insurance
THE
RANKIN INSURANCE GROUP offers a variety of Life Insurance Products
to meet the needs of individuals, families, and business owners
just like you! Our permanent insurance products include whole life
and universal life, but we also have a variety of term insurance
products including 10, 20, 30 year term policies as well as mortgage
life insurance. THE RANKIN INSURANCE GROUP also offers Traditional
IRAs, Roth IRAs, and various annuity products to help you, your
family or your employees prepare for retirement.
Many people are uncomfortable discussing life insurance, but we
believe it is a major component of one's insurance program. Being
a responsible parent, spouse, sibling, employer or even business
partner requires the purchase of life insurance. Life insurance
allows survivors to continue on with the same if not a better lifestyle
once a loved one has passed. Life insurance is also a way to pass
wealth on to future generations. One thing is for sure, when a person
passes on-life insurance helps to make this emotional and difficult
situation much easier by providing financial means to handle business
at hand.
How much Life Insurance is enough? Experts recommend at least 5-7
times your annual salary however, you should purchase as much as
you are able to afford while you are young and healthy. As your
life changes so will your life insurance needs, and we will be there
to guide you along the way.
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