Term Life Insurance

A specific amount of insurance
for a specific length of time
at a fixed premium.

Updated Office Hours!

As we continue to monitor ongoing developments related to the coronavirus (COVID-19), please know that nothing will compromise our commitment to take care of our employees as well as our clients and the things you trust us to insure.

Our Agency has been in business since 1922 and we remain committed to being in business well past our current normal provides us all with a future normal. As an "essential business" under Governor Wolf's ruling, we have strategically staggered the times that we go into the office to check the mail and anything else that is needed. The lobby is currently closed but we are certainly available to communicate by phone, email and/or video chat if you like. Just reach out to either of us and we'll make arrangements that best suit your needs.

Please be assured that you always have the ability to access all of your policy information via the carriers that we have you insured with at any time by simply logging on at the carriers site or their mobile app.  Each app is a free download from your own app store if you don't have it already.  In both you have full access to your policy information including ID cards and billing.  Any bills can be paid in either the sites or their respective apps or by calling us or the carrier directly.  We realize that this may be an inconvenience for some and hope this is a short-lived response to our current healthcare situation as we do enjoy when all clients and partners come into the office.  Thank you for your consideration and please stay healthy! 

Term Insurance

We offer a full range of benefits for all your insurance needs, including life insurance.  A term life policy has a fixed price for a fixed benefit amount, for a specific timeframe (term) in years (up to 40).  As long as the premiums are paid when due the policy will remain in force up until the end of the term.  These types of policies have no cash value associated with them and there are no surrender charges if the premiums are not paid.  Term policies are relatively inexpensive for the amount of benefit that one can usually qualify for. 

The most common use of a term policy is for mortgage protection and college funding should the insured die prematurely leaving a surviving spouse with children to raise and educate.  Under current tax law, the benefit from a life insurance policy is distributed tax free to your beneficiary's which can be used to pay off the mortgage, daily living expenses, college funding and to maintain a family's lifestyle.  In addition to the death benefit being paid out if the insured dies prematurely, most policies have a rider attached to them to provide a living benefit as well.  In the case of a terminal illness diagnosis, you may be able to take an accelerated death benefit while living which will reduce the actual death benefit to be paid out.      

Key uses

The benefits paid out in term life insurance pass to the beneficiary tax free.  Some of the more common uses of life insurance include but are not limited to:

  • Mortgage Protection
  • Pay off outstanding loan balances
  • Further education
  • Charitable giving
  • Buy/Sell Arrangements

Our communities

Since 1922, we have proudly insured and protected the families and business's of Royersford, Limerick, Spring City, Phoenixville, Collegeville, Schwenksville, Pottstown, Skippack, Harleysville, Souderton, Lansdale, North Wales, Chalfont, New Britain, Norristown, King of Prussia, Blue Bell and our surrounding communities.