Life Insurance
Life Insurance That Reflects What Matters Most
Protection for Every Season of Life — with Peace & Grace
Life insurance isn’t just about money — it’s about making sure your loved ones are taken care of when you’re no longer there. At Peace & Grace Insurance Services, we help you find coverage that aligns with your family’s needs, values, and financial situation.
Term Life Insurance
Simple, Affordable Coverage for Temporary Needs
Perfect for those in their income-earning years, term life offers fixed premiums and guaranteed death benefits for 10, 20, or 30 years. Use it to cover:
Mortgage or rent
Childcare or college costs
Lost income for your loved ones
Some term options also include Return of Premium or Convertible feature
Whole & Universal Life Insurance
Lifetime Protection + Cash Value Growth
Permanent life insurance offers long-term benefits, including tax-deferred cash value accumulation.
Whole Life: Predictable premiums, steady growth, guaranteed protection
Indexed Universal Life (IUL): Market-linked growth with downside protection — great for retirement income and tax-free legacy planning
Final Expense Insurance
Peace of Mind for You, Relief for Your Family
Also known as burial insurance, Final Expense Life Insurance helps cover:
Funeral and burial costs
Medical bills or hospice expenses
Small remaining debts or legal fees
– No medical exam (in most cases)
– Coverage amounts from $2,000 to $50,000
– Fast approval and affordable monthly payments
Perfect for seniors and anyone who wants to ensure their family isn’t left with unexpected costs.
Modified Death Benefit (Guaranteed Issue Plans)
Coverage for the Extremely Sick or Uninsurable
If you’ve been turned down for life insurance before due to serious health conditions (like cancer, heart failure, dementia, or advanced diabetes), Modified Death Benefit policies may be an option.
These are guaranteed issue policies, meaning:
No medical exam or health questions
Acceptance is guaranteed between certain age limits
A waiting period applies (usually 2–3 years before full benefits are paid)
During the waiting period, policies return premiums paid plus interest if the insured passes away. After that, the full death benefit is guaranteed.
Life Insurance for Children
A Gift That Grows With Them
Children’s life insurance is a smart way to:
Lock in low premiums and lifetime coverage
Build cash value they can use for college, a wedding, or a first home
Ensure future insurability, no matter their health later in life
These policies are often under $20/month and make meaningful gifts from parents or grandparents.
