Life Insurance Quote  •  Contact Us

McCaleb-Metzler has arguably the best rates for Term, Universal, and Whole Life Insurance.  Everyone's needs and desires are different - we listen to you and quote only what you want.  We will quote your life insurance with many national insurance carriers and present the best options to you.  Don't go through the headache of shopping your insurance - let us do that for you! 

Although it is best to contact us for a thorough explanation, below are some life insurance basics: 

In general, Life Insurance is grouped into:

1. Term Life
2. Universal Life
3. Whole Life

Term Life Insurance

Term Life Insurance can be loosely compared to auto insurance.  It is for a specific period of time only - 10, 20, 30, or 35 years in most cases.  Thus, it is considered temporary insurance.  Your payments do not change or go up while coverage is in place.  As long as you pay the insurance premiums, your coverage is in place.  When you no longer want the coverage, you stop paying the premiums and your coverage ceases.

Pros:

• Affordable:  This is the most inexpensive solution, especially for younger clients.
• Specific Term Only:  You get coverage for when you need it only.  Need coverage for while your kids are at home?  This is a great option.  Need coverage for your mortgage?  This is a very affordable solution.
• Level Payments:  Predictable, stable payments.  Payments can be monthly, quarterly, semi-annually, or yearly depending upon your desire and upon the insurance company.
• Fixed Benefit:  The amount paid upon death is fixed and does not decrease (or increase) as time goes on.

Cons:

• Specific Term Only:  That's right - this is a pro and can also be a con.  Suppose 20 years later you find you need to extend your coverage, you may not be able to do so.  You will most likely need to obtain a new policy.  The policy would be more expensive because now you are 21 years old.  Also, what if in the meantime you have had an accident or have developed a health issue?  You may not be able to obtain coverage at that time.
• Less Flexibility in Payment:  Although term life insurance is very affordable (maybe $85 a year for example for $100,000 in coverage for a healthy 30 year old), you have to pay your premiums.  Most policies have a grace period, but if you can't pay the policy cancels.

Options:

• Conversion:  Some policies allow you to convert the term life insurance to a permanent life insurance policy.  This option is usually only allowed for a certain period of time after you get the term life policy.
• Paid up:  An option where you pay a larger amount up front and then nothing thereafter.  Coverage remains in effect until the end of the term.

Universal Life Insurance

Universal Life Insurance is a type of permanent life insurance.  That means that as long as you continue to pay the premiums, it will always be in effect.  It is much more flexible than term life insurance in a several of ways. 

Universal Life Insurance has the ability to build cash value in the policy.  All premium payments that are above the cost of insurance are credited to the cash value in the policy.  That means that you can even structure it to be entirely "paid up" after a certain period of time.  The cash value earns interest on a tax deferred basis and the death benefit is left to loved ones tax free.  The policy owner can also use the cash value of the policy to make a withdrawal or secure a loan.  These withdrawals or loans, if not paid back, are withdrawn from the death benefit at the time of the insured’s death.

With Universal Life, the policy owner may choose a flexible premium to meet their budget and/or choose a flexible death benefit which may be increased or decreased as desired.  In general Universal Life Insurance is more expensive than term, more flexible than term, and less expensive than whole life insurance.
 

Whole Life Insurance

Whole Life Insurance is also a form of permanentlife insurance.  It tends to be the most expensive form of life insurance.  It is similar to universal life but is inherently less flexible.  It has level premiums (premiums don't change) and provides a guaranteed interest rate on the cash value.  With recent developments to universal life, whole life insurance has become a less attractive option.  However, in some circumstances it is still the right choice.  Please contact us for details and information.

Why Should You Trust McCaleb-Metzler?

As your agent, McCaleb-Metzler strives to know you so that we can suggest the coverage that suits your specific needs.  Be sure to protect your family properly.  If you were to die, would your family be able to pay off your mortgage or maintain your lifestyle?  With McCaleb-Metzler, you get the benefit of:

• Individual Agent - We assign a specific insurance agent to each one of our clients.  When you call us, you can ask for that person by name.  In addition, each agent has a backup in case they are out for any reason.  It is nice to have a personal touch from someone who is familiar with your account.
• Local support – No one wants to talk to 800 number or email when they have need of service!
• Fast, courteous service – We try hard to serve our customers with dignity and well.  If you call our main number, you can even get our mobile phone numbers for emergency claims service.
• Billing flexibility – Want to pay for your insurance directly?  Quarterly?  Monthly?  We can help find a billing option that suits you.
• Competitive prices
• Quality insurance products – We represent "A" rated insurance carriers.  Our life insurance products are designed to meet a variety of needs.  We will tailor insurance coverages to you.