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Life Insurance Information

There are many kinds of life insurance, but they generally fall into two categories: term insurance and permanent insurance.



Check out this realLIFEstory video about Life Insurance
Term insurance is designed to meet temporary needs. It provides protection for a specific period of time (the "term") and generally pays a benefit only if you die during the term. This type of insurance often makes sense when you have a need for coverage that will disappear at a specific point in time. For instance, you may decide that you only need coverage until your children graduate from college or a particular debt is paid off, such as your mortgage.

In contrast, permanent insurance provides lifelong protection. As long as you pay the premiums, and no loans, withdrawals or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.

It's impossible to say which type of life insurance is better because the kind of coverage that's right for you depends on your unique circumstances and financial goals.

But remember, the best way to figure out the amount and type of life insurance that makes sense for your particular situation is to meet with a qualified life insurance professional.

Critical Illness and Death Benefit Coverage


The Timber Ridge Series ®


The Plan consists of: A 10-year term life insurance policy with a critical condition accelerated benefit rider renewable to age 70 and convertible to age 65.

How does Critical Illness and Death Benefit Coverage on you work?

The Timber Ridge Series® is term life insurance that is designed to pay death benefits following your death while the policy remains in force and to pay living benefits following your first ever diagnosis of having one of the covered conditions listed below, made on or after the 30th day after the policy effective date, regardless of additional treatment, actual expenses or other coverage. The amount of the death benefit available under the coverage after a living benefit has been paid is reduced by the living benefit payment made. If 100% of the face amount is paid out as a living benefit, the policy and all coverage will end. Only one living benefit payout may be made under the policy for each type of benefit. Every ten years, the amount of premium will increase or the coverage will decrease. Learn more about The Timber Ridge Series.

Path Protector SM Final Expense

This final planning solution can help ensure your surviving loved ones aren’t financially burdened by your death. Path Protector SM Final Expense can provide an income tax-free benefit to help your family pay:

  • Funeral costs
  • Medical bills
  • Probate expenses
  • Outstanding debts
Learn more about Final Expense insurance.

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Please note that we cannot bind insurance via email, fax, or phone. Any quotes given are subject to underwriting guidelines by the respective insurance carriers. Any reference of coverage used are not intended to express legal opinion as to the nature of coverage, but rather just a brief generalization of coverages. Please read your policy for specific details of coverages.

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ECI Agency, Inc. | 325 Piedmont Rd N | P.O. BOX 600 | Piedmont, OK 73078 | Phone: (405) 373-2977 M-F 8am-5pm