Spectrum Insurance Agency, Inc.
Address: 5301 E State St # 201, Rockford, IL
Hours: Mon – Fri 8AM – 4:30PM
Phone: (815) 229-4040
Term Life
Level premiums for a set number of years with the options to renew or convert into a “permanent” policy. Best for temporary needs (i.e., debt repayment), income replacement, protecting family even with a tight budget, locking in great rates while young and healthy.
Universal Life / Whole Life
Coverage to age 100+ that accrues cash value and can provide for Long Term Care benefits. Premiums can be fixed or flexible. Best for permanent needs, final expenses, estate planning, college funding for children/grandchildren, charitable giving.
Business Life
Protect, enhance, and continue business with security through a well-designed life insurance program. Great for securing a business loan with a collateral assignment, retaining financial strength through Key Man coverage, fund a Buy/Sell agreement, & retain quality employee(s) through an Executive Bonus policy. Provide the option for employees to protect their family with payroll- deducted individual life policies.