In its simplest form, life insurance is a financial product that pays a sum of money to a named beneficiary at the death of an insured individual. Insurance policies called "permanent" or "cash value" insurance develop cash values that grow tax deferred, providing policy owners with a benefit they can use during their lifetime.

Reinholdt & O'Harra represent a number of companies which offer various types of life insurance, each designed to meet specific personal and business needs and objectives.

Term Life
Term insurance pays a death benefit to survivors if the policyholder dies while the contract is in force. Term policies offer only death benefit coverage with no cash value component. Coverage is for a contracted period of time (or term), and is usually contracted for a specified number of years, or to a specific age of the insured.

Why you may need Life Insurance
If something happened to you, what would be the financial impact on your survivors? Have you provided sufficient funds to:
- maintain your family's lifestyle?
- cope with inflation?
- educate your children?
Reinholdt & O'Harra agents work with their clients to analyze current situations and recommend strategies to provide for the future financial well-being of their survivors.
One of our major strengths continues to be our strong portfolio of life insurance products designed for use in a variety of business and professional markets -- from complex business and estate planning situations to the more basic need to provide for family members.