Life Insurance
Columbia Group provides access to a wide selection of life insurance products from many leading national carriers.
We provide thoughtful guidance and recommendations that align with your unique financial goals and coverage needs.
Whether you’re seeking term or permanent life insurance, we work closely with medical underwriting on your behalf to ensure an easy enrollment process.
Term Life Insurance
Term life insurance provides coverage for a specified period of time, and pays a death benefit if the insured passes away during that term. It is generally the most affordable type of life insurance and is ideal for those seeking temporary protection for dependents in the event of an unexpected loss.
Universal Life Insurance
Universal life insurance is a type of permanent life insurance that provides lifelong coverage along with a cash value component that grows over time. It offers flexible premiums and death benefits, allowing policyholders to adjust their coverage and payments as their needs change. The cash value earns interest and can be accessed for loans or withdrawals, providing both protection and a potential financial resource.
Whole Life Insurance
Whole life insurance is a type of permanent life insurance that provides lifelong coverage with fixed premiums and a guaranteed death benefit. It also builds cash value over time at a guaranteed rate, which can be accessed through loans or withdrawals. This policy offers stability and long-term financial protection for individuals seeking predictable benefits.
Indexed Universal Life Insurance
Indexed Universal Life (IUL) insurance is a type of permanent life insurance that combines flexible lifelong coverage with the potential for cash value growth based on the performance of a market index, such as the S&P 500. While it offers the opportunity for higher returns than traditional universal life policies, it also includes downside protection to limit losses in a declining market. Policyholders can adjust premiums and death benefits over time, making IUL a versatile tool for both protection and long-term financial planning.
