Who We Are
Superior Evolution Solutions is committed to assisting clients with providing their families with solutions regarding expenses when life happens. We cannot avoid the unexpected; however, we can be prepared! We are here to provide assistance with preparation, education and insight that will provide you and your family peace of mind in the years ahead.
WHAT WE OFFERbudget friendly quotes at no cost
education on different options available
information on what expenses to consider when life happens
tools and resources to assist your family with planning quotes
Types of Insurance
Pros and Cons of Both
Term Life Insurance
Term life insurance is set for a specific amount of time, usually between 10-30 years. This type of policy only provides cash value in the case of death. Term insurance works well as a financial cushion during the years you need it most. For example, while you’re paying off a mortgage or providing for children who depend on your income. The benefits of term insurance are that it is affordable, flexible and simple. The cons are that it eventually expires and there is no accumulation of cash value.
Whole Life Insurance
Whole life insurance is the most common type of permanent life insurance. Whole life insurance has consistent premiums and death benefits as well as the ability to build cash value. Whole life insurance generally starts to build cash value several years into the policy. The benefits of whole life insurance are that it provides coverage until the end of life, builds cash value and premiums are level (they do not increase). The cons are that it is more expensive.
Why You Need Insurance
The benefits are endless
Supplement Your Income
In the event that something happens and you are not able to provide for your family, a life insurance policy can supplement income for a spouse, parent and or child. Providing security for your loved ones should be a priority and not an option.
More Financial Security
Not only will life insurance cover the basic daily needs of your family, it can be used to pay off your mortgage so that your family can remain in the family home, it can cover private school education for your children, college tuition, start up cost of a business for a spouse, child or other family member, or the cost of assisted living and/or caretaker services for aging parents. The possibilities are endless. When we are born the only thing that we know for sure is that death will also occur. Make sure that your family has financial security they need. Loss of life and grief are natural occurrences. Why add the stressor of financial uncertainty or instability to the list of things for your loved ones to worry about?
Prepare for Life Changes
If you already have coverage in place, take time to review your policy and financial situation to ensure that you have adequate coverage. We will be glad to complete a policy review for existing policies. As your life changes you should examine what you have in place. Here a few instances in which you should be purchasing and/or adding to life insurance:
- Marriage
- Divorce
- Birth and/or adoption
- Home Purchase
- Starting a Business
