You choose how long you’d like coverage to last — known as your “term” — and how much you’d like your policy to pay out, called the death benefit. Your premium is determined by your age, health, and coverage amount and can be paid monthly, quarterly, or annually.

If you pass away during the term, your loved ones receive the full benefit — ensuring their financial security when they need it most.

The right term depends on your financial obligations and goals. For example, if you have a 30-year mortgage, you may want a 30-year term to ensure your family can pay off the home if something happens to you.

If you’re raising children, a 15- or 20-year term may make more sense — providing coverage until they’re independent and your major expenses are covered.

Term Life Insurance provides coverage for a set number of years and is generally more affordable. However, once the term ends, coverage stops unless renewed.

Permanent Life Insurance — such as Whole Life or Indexed Universal Life (IUL) — lasts your entire lifetime and can build cash value that grows tax-deferred and can be accessed while you’re still living. These options cost more but offer long-term stability and wealth-building potential.

If someone depends on you financially — your spouse, children, or even your business — then yes, life insurance is essential.

It provides financial protection to cover funeral costs, debts, mortgage payments, education expenses, and daily living costs. Whether you’re just starting out, raising a family, or entering retirement, having a policy ensures your loved ones are taken care of, no matter what.

Your premium depends on your age, health, coverage amount, and policy type. Generally, the younger and healthier you are, the more affordable your coverage will be.

Even if you have health conditions, we offer options designed to help veterans and retirees find coverage that fits their budget and needs — with guaranteed, locked-in rates that never increase.

A good rule of thumb is to calculate how much your loved ones would need to replace your income and cover major expenses like housing, tuition, or medical care.

Our team can help you determine the right coverage amount through a quick, personalized quote — ensuring you get the protection that truly fits your life and goals.

Life insurance provides financial support for nearly any living or future expense, including:

- Funeral and burial costs

- Mortgage or rent payments

- Medical bills or debts

- Education and college expenses

- Everyday living costs for your family

It’s designed to provide stability and peace of mind — covering your family’s needs when they need it most.

We recommend reviewing your life insurance once a year or whenever a major life change occurs — such as getting married, buying a home, or retiring.

A quick review ensures your policy always matches your current needs and financial goals.

When the policyholder passes away, beneficiaries receive the death benefit as a tax-free lump sum after submitting a claim and a death certificate.

Most claims are processed within 30–60 days, ensuring your loved ones receive the financial support they need promptly.

At RisingSun Financial, getting covered is simple and transparent:

1. Apply Online or with a Specialist — Submit a quick quote or application.

2. Underwriting Review — We assess your health and information (some policies require no medical exam).

3. Approval & Activation — Once approved, your coverage begins immediately with day-one protection.