Coverage
Life Insurance
Term and permanent life policies to protect your family's financial future.
Life insurance is one of the most important financial decisions you'll make for your family — and one of the most misunderstood. At Borgman Agency, we take the time to explain your options clearly, compare coverage across multiple top carriers, and help you find a policy that fits your life stage, your goals, and your budget. No pressure. No jargon.
Types of Life Insurance We Offer
Term Life Insurance
The most straightforward option. You choose a coverage amount and a term length — typically 10, 20, or 30 years. If you pass away during that term, your beneficiaries receive the death benefit. Term life is often a practical choice for young families, homeowners with a mortgage, or anyone who wants meaningful protection at a manageable cost.
Whole Life Insurance
A permanent policy that covers you for your entire life, not just a set term. Whole life includes a cash value component that builds over time and can be borrowed against. Premiums are higher than term but remain fixed for life, and coverage does not expire as long as premiums are paid.
Universal Life Insurance
A flexible permanent policy that allows you to adjust your premium payments and death benefit over time as your needs change. Includes a cash value component that earns interest. Policy terms and interest crediting vary by carrier.
Final Expense Insurance
A smaller whole life policy designed to cover funeral costs and end-of-life expenses. Approval requirements are generally more accessible than larger policies and often do not require a medical exam. A practical option for those looking to protect their family from unexpected final costs.
How Much Life Insurance Do You Need?
The right amount depends on your specific situation — your income, mortgage balance, dependents, outstanding debts, and long-term financial goals. Common rules of thumb exist, but they're starting points, not answers. We'll walk through your situation with you and help you arrive at a coverage amount that actually makes sense for your family.
How Much Does Life Insurance Cost?
Life insurance is more affordable than most people expect, particularly for younger and healthier applicants. Rates depend on your age, health history, tobacco use, coverage amount, term length, and the carrier. Because we work with multiple carriers, we can compare underwriting approaches and find competitive options even for applicants with health considerations.
Carriers we use for this line
Frequently Asked Questions
Term life covers you for a set period and is pure protection — no cash value. Whole life is permanent coverage that builds cash value over time but costs significantly more. The right choice depends on your goals, budget, and how long you need coverage. We'll help you think through both options.
Not always. Many carriers now offer no-exam policies for qualifying applicants, with faster approval timelines. Final expense policies often have simplified underwriting. We'll match you with carriers whose underwriting process fits your situation.
Yes, though tobacco use typically increases premiums. Rates and how carriers classify different types of tobacco use vary considerably. We'll shop your profile across our carriers to find your most competitive option.
Employer-provided group life is a valuable benefit, but it typically ends when you leave the job and may offer limited coverage amounts. A private policy you own is portable and customizable. We recommend reviewing your total coverage picture — employer and individual — to make sure there are no gaps.
Call us at (208) 501-8877 or complete our online quote form. We'll ask a few questions about your health and coverage goals, then present options from multiple carriers so you can choose with confidence.
Protecting your family starts today. Call Borgman Agency at (208) 501-8877 or request your free life insurance quote online.