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 features that let you extend or upgrade coverage in the future.

🌱 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.