Life Insurance

Plan the financial future of your family by investing in life insurance. OP Insurance Agency offers a variety of life coverages dependent upon your needs. Although it can be a difficult topic, let one of our agents walk you through the different policy types to determine what is best for you and your family. Life insurance disbursement can often cover uninsured medical bills, debts including mortgage payments, burial expenses and more.

group icon


Provides coverage at a fixed rate of payments for a limited period of time, typically up to a maximum of 30 years. If the life insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is the least expensive way to purchase a substantial death benefit.

group icon


A type of permanent life insurance policy which is guaranteed to remain in force for the insured’s entire lifetime, provided required premiums are paid. Premiums are fixed, based on the age of issue, and usually do not increase with age. Whole life insurance policies also have the ability to gain cash value over time and can sometimes be used as a tax deferred savings vehicle as well.

group icon


Often shortened to UL , Universal Life is a type of permanent life insurance and similar to Whole Life, except UL policies have more options and flexibility. Under the terms of the UL policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy. Interest credited to the cash value account is determined by the insurer and often times correlates with the current interest rate environment.