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Little Rock Office
1111 S. Bowman, Ste B-4
Little Rock, AR 72211
(501) 224-6666
(888) 214-3149
FAX (501) 224-0477

Conway Office
269 Hwy 65 North
Conway, AR 72032
(501) 327-4666
(888) 563-5656
FAX (501) 327-4684

Rogers Office
2894 W. Walnut Ave. Ste A
(479) 633-0505
(877) 633_0505
FAX (479) 633-9595

Sherwood Office
8210 Hwy 107 (JFK)
Sherwood, AR 72120
(501) 392-0300
(866) 861-8368
FAX (501) 392-0302

Click these links for more information about:

Term Life Insurance
Whole Life Insurance
Universal Life Insurance

Term Life Insurance is Specific Need Insurance.

Term Life Insurance is rightly called pure insurance protection. In its simplest form you can buy $250,000 (this figure is used for illustrative purposes only) for a period of ten years for "X" amount of dollars. If you die within those ten years, $250,000 would be paid to your named beneficiary.

The term in Term Life Insurance is the period of time you are insured. It can be as short as one year, or you can purchase 5, 10, 15, 20, 25 or 30 year terms.

The premium you pay is usually level, meaning it will not increase during the term. Almost all policies allow you to re-apply at the end of the term or to convert your term insurance to a Cash Value Policy.

Term Life Insurance is designed to provide the most coverage for the lowest cost.

What Are Your Specific Needs?

Perhaps you want to make sure that no one has to pay off your mortgage, auto loan and credit card bills. Maybe you are a new parent who wants to be certain money is available for your children's college expenses should you die prior to their college graduation.

Perhaps you are a young married person and you want to make certain that your spouse has necessary financial resources should you die before you are able to build a portfolio of assets. Would your spouse need help with child care expenses? Would it be necessary for your spouse to further their education since they will become the sole financial support for your family?

Maybe, on the other hand, you are older and want to make certain your spouse has financial resources other than Social Security.

It could be that you are getting ready to retire and you have met with the retirement counselor at your place of employment. You have been told that you can draw a full benefit or you can reduce your benefit by one-third or more to provide a monthly pension payment for your spouse for a certain period of time after your death. Would it be better for you to take the full benefit and use part of that money to purchase a term life insurance policy that might provide more financial benefits for your spouse?

Would you be interested in Term Life Insurance that returns your premiums to you if you don't die during the term? Click here if you would like more information about Return of Premium Term Life Insurance.

How May We Help You?

The agents at McGhee Insurance Agency have been trained to help you get the best coverage at the best price for your personal situation. Contact one of our offices for a life insurance quotation or more information.

Little Rock Office: (501) 224-6666 or 1-888-214-3149
Sherwood Office: (501) 392-0300 or 1-888-861-8368
Conway Office: (501) 327-4666 or 1-888-563-5656

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