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  • Home
  • About
    • Who We Are
    • Mission
    • Philosophy
    • Meet The Team
    • Client Focus
    • Refer a Friend
  • Services
    • Infinite Banking Concept
    • Insurance
    • Tax-Free Retirement
    • Quotes >
      • Term Life Insurance Quote
      • Permanent Insurance Quote
      • Annuity Quotes
      • Final Expense Insurance Quote
  • Videos
    • CORE Videos
    • The Nelson Nash Story
    • CORE Debt Strategy
    • Podcast EPs
  • Calculators
    • Wealth Watch >
      • Human Life Value Calculator
      • Net Worth Calculator
      • Future Value Calculator
      • Savings Calculator, Taxes and Inflation
      • Savings Calculator (compounding interest)
    • Investing >
      • Taxable vs. Tax Deferred vs. Tax Free Investment
      • Compare Investment Fees Calculator
      • Mutual Fund Expense Calculator
    • Taxes >
      • Charitable Contributions Calculator
      • Estate Tax Liability Calculator
      • Marginal Tax Rate Calculator
      • Net to Gross Paycheck Calculator
      • Payroll Deductions Calculator
      • Self-Employment SE Taxes Calculator
      • Student Loan Tax Rate Calculator
    • Business Finance >
      • Cash Flow Calculator
      • Profit Margin Calculator
      • Working Capital Calculator
      • Breakeven Analysis Calculator
      • Business Debt Consolidation Calculator
      • Business Valuation Calculator
      • Equipment Buy vs. Lease Calculator
      • Investment Loan Calculator
      • Like Kind Exchange Calculator
      • Line of Credit Calculator
      • Loan Tax Savings Calculator
      • Stock Distribution Calculator
    • Retirement >
      • Life Expectancy Calculator
      • Social Security Benefits Calculator
      • Fixed Annuity Calculator
      • Retirement Planner Calculator
      • Retirement Income Calculator
      • Retirement Savings Calculator
      • Retirement Shortfall Calculator
      • Required Minimum Distribution RMD Calculator
    • Insurance >
      • Life Insurance Calculator
      • Long Term Care Calculator
      • Human Life Value Calculator
      • Human Life Value Calculator
    • Personal Finance >
      • Family Income Calculator
      • Home Budget Calculator
      • Budgeting Calculator
      • Amortization Loan Calculator
      • Auto Loan Calculator
      • Lease vs. Buy
      • Auto Rebate vs. Interest Rate Calculator
      • Health Savings Account (HSA) Calculator
      • College Savings Calculator
      • Student Budget Calculator
      • Savings Goals Calculator
    • Mortgages >
      • Rent vs. Buy Calculator
      • Home Buyer Savings Calculator
      • Mortgage Qualifier Calculator
      • Mortgage Required Income Calculator
      • Mortgage Loan Calculator
      • Maximum Mortgage Calculator
      • Mortgage Points Calculator
      • 15 Year vs. 30 Year Mortgage Calculator
      • ARM & Interest Only ARM vs. Fixed Rate Mortgage
      • Interest Only Mortgage Calculator
      • Adjustable Rate Mortgage Calculator
      • Home Equity Line of Credit Calculator
      • Refinance Breakeven Calculator
      • Reverse Mortgage Calculator
    • Debt/Liabilities >
      • How Much Do You Owe Calculator
      • Cost-of-Debt Calculator
      • Credit Card Debt Calculator
      • Credit Card Pay Off Calculator
      • Roll-down Your Credit Card Debt Calculator
      • Student Loan Calculator
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Life Insurance

Life Insurance is not complicated or expensive when you work with one of our licensed sales representatives. Let's explore options to protect your loved ones.

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What is Life Insurance?

Life insurance pays out a sum of money either on the death of the insured person or after a set period of time.

Common Types of Life Insurance

Term Life Insurance
  • Term life insurance or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.
Whole Life Insurance
  • Whole life insurance, or whole of life assurance, is a life insurance policy that remains in force for the insured's whole life and requires (in most cases) premiums to be paid every year into the policy.
Universal Life Insurance
  • A type of permanent life insurance. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy. The cash value is credited each month with interest, and the policy is debited each month by a cost of insurance (COI) charge, as well as any other policy charges and fees which are drawn from the cash value, even if no premium payment is made that month. Interest credited to the account is determined by the insurer, but has a contractual minimum rate of 2%. When an earnings rate is pegged to a financial index such as a stock, bond or other interest rate index, the policy is a "Equity Indexed Universal Life" contract.
Variable Universal Life Insurance
  • Variable Universal Life Insurance is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to use is entirely up to the contract owner. The 'variable' component in the name refers to this ability to invest in separate accounts whose values vary—they vary because they are invested in stock and/or bond markets. The 'universal' component in the name refers to the flexibility the owner has in making premium payments. The premiums can vary from nothing in a given month up to maximums defined by the Internal Revenue Code for life insurance.

    Contact us to learn more about the right life insurance for you.
(302) 504-6450​
Middletown, DE 19709​
Click Here to Email Us
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CORE Financial Partners​
Wilmington, DE 19803
Office: (302) 504-6450
Click Here to Email Us

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