Welch Brand Insurance Services
3970 FM 2181, Suite 200
Hickory Creek, Texas 75065
Phone: 940.220.7232
Fax: 888.310.1660

Email: insurance@ntin.net



Click to read our
Pledge of Performance

 

Counties:
Denton, Dallas, Cooke, Wise, Parker,
Collin and Tarrant

Including the cities of:
Denton, Lake Dallas, Hickory Creek, Corinth, Flower Mound, Lewisville, Argyle, Pilot Point, Plano, Frisco, Dallas, Keller, Forth Worth, Aubry, Sanger and Gainesville

 

Life Insurance

Life insurance is a vital planning tool that addresses two of the most serious financial risks you face: the risk of dying too soon and the risk of living too long. In either case, life insurance can provide the right amount of money at just the right time, whether it's furnishing the cash and income your family will need after your death or supplementing your own retirement income while you are still living.



 

 

 
Below is a list of life insurance products we offer and a brief explanation:

Universal Life Insurance
An insurance product that combines the protection of a conventional term insurance policy with cash values and investment yields. Unlike traditional whole life policies, universal life divides death protection and cash value accumulations into separate components.
 
Whole Life Insurance
Life insurance that remains in force during the insured's entire lifetime, provided premiums are paid as specified in the policy. Whole life insurance also builds a savings element (called the cash value) as a result of the level premium approach to funding the death benefit.
 
Term Life Insurance
Insurance that covers the insured for a specified period such as one, five, or 10 years, often with an option to renew. Premiums are paid throughout this time, but generally become higher during the course of the term, as the policyholder grows older.
 
Survivorship Life Insurance
Life insurance purchased on two individuals, usually man and wife, where the life insurance benefit is paid after both individuals have died. This type of life insurance became popular as a solution to paying estate taxes. The estate tax law allowed a couple to delay paying estate taxes until both had died. Thus, survivorship life insurance became popular as a less expensive way for heirs to pay estate taxes. The premiums are less than buying life insurance on one life.