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Individual Life Insurance in Wake Forest, NC, Raleigh, NC and surrounding areas

Peace of Mind for you and your Loved Ones

Brewer Insurance Group provides life insurance to individuals in Wake Forest, Raleigh, Durham, Cary, Holly Springs, Knightdale, and surrounding areas.

Individual Life Insurance

Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. 

Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can even be used to continue payments on your mortgage to help ensure that the family home stays in the family.

At Brewer Insurance Group, we know that choosing a Life Insurance plan is a big decision with many important factors to consider. Our knowledgeable team of insurance professionals is committed to walking you through the process and providing you with the best insurance solution to give you and your family the peace of mind you deserve. 

Types of Individual Life Insurance

Brewer Insurance Group offers several different coverage options for your consideration: term life, whole life, universal life, and variable life insurance.

Term Life – This is typically the simplest and least expensive insurance option. Term life insurance provides coverage at a fixed rate for a specified period of time. It is a benefit policy that is used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term. Most term life policies can be converted to a more permanent insurance solution such as whole life, variable life, or universal life insurance.   

There are two types of term life insurance: 

  • Annual Renewable Term is purchased for a period of one year, with the death benefit to be paid only if the insured were to die during that one-year term, along with the option to renew after the term period.
  • Level Term Life guarantees a fixed premium for a given period of time, usually in terms of 10, 15, 20, or 30 years. Your premium is based on your age and coverage options, with longer terms being more expensive.?

Whole Life – As the most common type of permanent insurance, a whole life policy guarantees a death benefit for the lifetime of the insured as well as a cash value account for savings. Your premium remains constant throughout the duration of the policy while payments over and above your premium are credited to your savings, which earn a fixed rate of interest. 

Universal Life – Universal life policies are designed to be more flexible than other permanent Life Insurance. You are still guaranteed a death benefit for the duration of the policy as well as savings that accumulate cash value, but the flexibility of a Universal Life plan allows you to change certain aspects of your plan to accommodate life changes. 

Depending on your options, you have the flexibility to change the overall value of the death benefit as well as the time and amount in which you pay your premium. This gives you the option to focus on building your policy’s cash value, or pay a lower premium and focus on guaranteed protection. It is important to note that changes to your universal life policy can affect its guarantees and limits.

Variable Universal Life - With a variable universal life (VUL) Insurance policy, you get the same flexible benefits of Universal Life while being able to take advantage of potential economic growth in the stock market. Instead of creating a cash value for savings, the value of your VUL policy is invested in professionally managed funds that reflect the performance of the stock market. This also means that as the policy owner, you assume the risk and responsibility of monitoring your own investments.

Life Sound Basis - As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure these strategies and products are suitable for your long-term life insurance needs. You should weigh your objectives, time horizon and risk tolerance as well as any associated costs before investing. Also, be aware that market volatility can lead to the possibility of the need for additional premium in your policy. Variable life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, underlying fund charges and expenses, and additional charges for riders that customize a policy to fit your individual needs. 

Brewer Insurance Group is here for you

There are many things to take into account when purchasing life insurance, and changes in your life situation can reflect changes in your insurance requirements. That is why it is important to carefully consider the different policy options and ensure that you have the right solution to meet your long-term life insurance needs. 

An insurance specialist with Brewer Insurance Group will review your current life insurance situation and help you design a policy to plan for the future. 

At the end of the day, one of the biggest investments you can make is an investment in yourself. 

 

Our Locations

Wake Forest Office

1904 South Main Street, Suite 212
Wake Forest, NC 27587
Main office: 919-562-1974

Louisburg Office

142 Shannon Village
Louisburg, NC 27549
Main office: 919-496-2027

Mount Olive Office

941 North Breazeale Avenue
Mount Olive, NC 28365
Main office: 919-658-5177

Raleigh Office

8226 Creedmoor Rd
Raleigh, NC 27613
Main office: 919-846-5378

Rolesville Office

211 South Main Street
Rolesville, NC 27571
Main office: 919-570-3040

Our Providers

I can't say enough about Brewer Insurance Group. They have insured our family for over 10 years and have helped us manage 3 kids on our auto insurance policy. I would recommend them to everyone!
Susan - Raleigh, NC
Our realtor recommended Debbie to handle our new home purchase. She did an awesome job explaining our options and getting us all the discounts available. Give them a call...you won't be disappointed.
Dave - Wake Forest, NC
Nick at Brewer Insurance Group is great! He met with us at our business, reviewed our current policy and pointed our areas where we didn't have sufficient coverage. In the end he provided us with a great policy that met our business and worker's needs.
Jeff - Cary, NC
I moved from a large insurance company about a year & a half ago to Rich Brewer's office. There is absolutely no comparison in the customer service. I deal with Trish, and she is awesome; quick, knowledgeable and very easy to deal with! You can't go wrong with them!
John - Youngsville, NC
Rich and his staff have always gone the extra mile in response to my needs for insurance and investment products. I highly recommend him and the companies he represents.
Cal - Rocky Mount, NC
I love the staff here. Maria is so friendly and helpful. She helped me and insured me with a great policy. They always welcome me every time I come inside the office. I would highly recommend all these ladies to anyone.
Juavon - Mount Olive, NC