Life Insurance

Here at The Jordan Insurance Group, we specialize in Life Insurance in Columbia, Maryland. We work with companies to provide a cost effective programs specially designed for you and or your business. 

Your trusted life insurance agency in Columbia, Maryland.

Although a simple concept, a life insurance policy can be a complex financial statement.

Reviewing your investment portfolio regularly is highly recommended. A life insurance policy needs to be monitored regularly to be certain that it remains appropriate for your goals to perform according to your expectations. Changes in the life insurance industry lead to new, more efficient policies that were developed in response to a more competitive environment brought on by mergers and demutualization. In addition, interest rate and market volatility can significantly affect the underlying cash value in a permanent life insurance policy.

• Term Life Insurance - Life insurance that pays a benefit amount in the event of your death during a specified term.

• Whole Life Insurance - life insurance that pays a benefit amount upon the death of the insured and also accumulates a cash value.

• Universal Life Insurance -  is a type of permanent life insurance, primarily in the USA. 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.

• Annual Renewable Term Life Insurance - Is a form of term life insurance, it offers a guarantee that in the future you will be insurable for a set period of years, even though premiums are paid every year on the basis of a one-year contract. As such, the premiums will rise over time as the insured person ages.

• Level Term Life Insurance - is one of the most common types of life insurance available. The amount of coverage provided with this policy does not change over time. This means that it will not increase in line with inflation, or any other measure.