Term & Whole Life Insurance

We do everything we can for our loved ones, not because we have to, but because we want to; life insurance can help you make sure your family is provided for when you no longer can.

Ocean State offers several types of life insurance to match your needs, so you can get the assurance of knowing you’re covered, protecting your family’s future while meeting your financial goals, giving your loved ones one less thing to worry about during difficult times.

Term Life Insurance – If you want an affordable option to protect your loved ones, term life insurance may be for you. Term life provides insurance coverage for a limited time, such as 10, 15 or 20 year periods, with the option to convert to a permanent policy. With this approach, term life allows you to meet your life insurance needs at a price that fits your budget, so you can feel confident providing financial security to those who matter most to you.

Key Features of Term Life Insurance

  • Affordable coverage
  • Death Benefit
  • Option to Convert to Permanent Life Insurance

Whole Life Insurance – Also, sometimes called “straight life,” or “ordinary life”, is an insurance policy which is guaranteed to remain in force for the insured’s entire lifetime or to the maturity date. Premiums are fixed, based on the age of issue, and usually do not increase with age. Whole life polices can generate cash value over the course of time, as do other types of permanent life insurance, this cash value is one of the key elements of whole life insurance.

Key Features of Whole Life

  • Death Benefit
  • Guaranteed premiums that will never increase
  • Dividends
  • Guaranteed cash value that accumulates on a tax-deferred basis over time


Give us a call or stop by our office today and let one of our Independent Insurance Agents assist you in finding the right policy.