Life Insurance Services
We offer a wide array of life insurance services ranging from term, whole, universal and variable life policies.
- Term life
- Provides coverage for a set period, typically 10, 20 or 30 years
- Most affordable option for pure life insurance protection
- Some policies offer conversion to permanent insurance (i.e. whole life)
- Eligible policies have level premiums that remain constant over the term
- Whole life
- Offers lifetime coverage and typically matures (endows) at age 100
- May pay dividends, which can be used to enhance the policy or reduce premiums
- Builds guaranteed cash value that grows over time
- Access to cash value through withdrawals or policy loans
- Universal life
- Permanent life insurance with lifetime coverage
- Builds cash value like whole life, but with added flexibility
- Allows you to adjust your premium payments and death benefit as your needs change
- Variable life
- Combines lifetime coverage with investment options
- Fixed premium payments, but the death benefit and cash value fluctuate based on investment performance
- Cash value can be invested in various asset classes, such as stocks, bonds, mutual funds, and money market accounts
- Greater growth potential, but also carries market risk
Disclosures for the footer of this page: Fixed insurance offered through various independent insurance companies. Cambridge does not provide tax or legal advice.
Life insurance is rarely the whole conversation. It usually sits next to estate planning and your wealth management strategy, and it matters most to the people counting on you. Let us look at what you already have before you buy anything new.