Compare Life Insurance Quotes With Summit Insurance Solutions

Compare Term Life insurance rates instantly on our site now. You can also speak with one of our licensed agents to get all your questions answered. We specialize in Life Insurance, Medicare Supplement Insurance, Long Term Care Insurance and Business Owner focused retirement plans.

Intellectually, almost everyone understands the value of life insurance. A life insurance policy is a way to look out for loved ones in the event of your death.

But when is the right time – and the right way – to buy life insurance?

Three out of five Americans currently own some form of life insurance, according to a recent study by the insurance education group Life Happens.

The earlier you buy the better when looking at life insurance. Age and health history play a role in the premium so buying life insurance is less expensive at age 30 versus age 51 or 61. However, our needs also change throughout the years. The income we will make at 50 or 60 is much different than what we make at 30. Unfortunately, we don’t always buy it at 30 or buy enough to take us through the life changes we experience.

When a young person buys a home and takes on debt that is also a great time for them to buy a life insurance policy. When they have children they need to look at what life insurance they have and figure out if they need to add to more. The good news is they can keep the policy they have and simply get an additional policy to cover the life changes.

In our 40’s, 50’s and 60’s after a promotion or a big move is another time to review your life insurance needs. You have more to protect now so you may need to rethink what coverage you have. You may have kids getting ready for college, investment properties or a business to think about. All great things but what happens in the event of your premature death? What would your spouse and loved ones need to continue? Paying off the debt on the properties, having enough to pay for the kids college and enough money for the family to live on for a period of time are all things to consider.

There are “cash value” products with investment components that work as an additional tax-deferred savings vehicle for high-income earners. That’s because, like an IRA account, the money you contribute into the policy can grow tax-free via the investments you choose. And, with the right provider, you can invest with more flexibility and fewer restrictions than an IRA.

Cash-value policies are often more expensive because they offer coverage for an extended period of time but can be an effective way to grow your wealth and pass it on to future generations.

 

What Our Clients Say

Bill was a tremendous help

As elderly persons. Bill was a tremendous help in arranging for us to get supplemental insurance.

Ronald Moore

Summit Insurance Solutions
5
2020-06-23T20:50:21+00:00

Ronald Moore

As elderly persons. Bill was a tremendous help in arranging for us to get supplemental insurance.

Bill is a great agent.

Bill is a great agent. I would recommend him for any Insurance needs.

Robert Struble

Summit Insurance Solutions
5
2020-06-23T21:11:49+00:00

Robert Struble

Bill is a great agent. I would recommend him for any Insurance needs.

He is very professional and thorough.

I have been using Bill for my Medicare policy for several years. He is very professional and thorough. He is patience and makes sure you understand and are happy before he proceeds with your policy. I believe anyone that uses his services will be satisfied.

Katie J

Summit Insurance Solutions
5
2020-06-23T21:10:54+00:00

Katie J

I have been using Bill for my Medicare policy for several years. He is very professional and thorough. He is patience and makes sure you understand and are happy before he proceeds with your policy. I believe anyone that uses his services will be satisfied.

I would not hesitate to turn to Bill

I met Bill through a recommendation after I retired. Bill was very patient in explaining the coverages of the numerous plans and put together an interactive spread sheet for me to study and ask questions about. In the one instance that I thought there was a problem, Bill listened and looked into it for me. It turned out to be a backlog in MEDICARE. I would not hesitate to turn to Bill for additional problems and highly recommend him in his medical insurance work.

Anthony Tavormina

Summit Insurance Solutions
5
2020-06-23T21:09:57+00:00

Anthony Tavormina

I met Bill through a recommendation after I retired. Bill was very patient in explaining the coverages of the numerous plans and put together an interactive spread sheet for me to study and ask questions about. In the one instance that I thought there was a problem, Bill listened and looked into it for me. It turned out to be a backlog in MEDICARE. I would not hesitate to turn to Bill for additional problems and highly recommend him in his medical insurance work.

Definitely recommend him

Always very helpful in finding what's best for me. Definitely recommend him. Love the seasonal recipes in his newsletter.

Bonnie B

Summit Insurance Solutions
5
2020-06-23T21:07:49+00:00

Bonnie B

Always very helpful in finding what's best for me. Definitely recommend him. Love the seasonal recipes in his newsletter.

Knowledgeable, friendly, courteous and very helpful.

I recommend Bill Loughead for your Medicare Supplemental Insurance needs. I have used his services for the past 4 years and he has been able to save me significantly on my premiums. He is knowledgeable, friendly, courteous and very helpful. I have recommended him to a few friends and all of them are very happy with his services. - Northville, Michigan

S K.

Summit Insurance Solutions
5
2020-06-23T21:06:23+00:00

S K.

I recommend Bill Loughead for your Medicare Supplemental Insurance needs. I have used his services for the past 4 years and he has been able to save me significantly on my premiums. He is knowledgeable, friendly, courteous and very helpful. I have recommended him to a few friends and all of them are very happy with his services. - Northville, Michigan

Bill has been extremely helpful

Bill has been extremely helpful in helping me and my wife plan for our senior years. We are comfortable with our coverage and have always enjoyed working with Bill. He is friendly and easy to work with as well as being very knowledgeable in his field. We have no problem recommending him.

Joseph J

Summit Insurance Solutions
5
2020-06-23T21:05:23+00:00

Joseph J

Bill has been extremely helpful in helping me and my wife plan for our senior years. We are comfortable with our coverage and have always enjoyed working with Bill. He is friendly and easy to work with as well as being very knowledgeable in his field. We have no problem recommending him.

Bill was the best thing that happened to us.

A few years back my husband's doctors office recommended us to contact Bill to have a proper insurance plan. That was at least 6 years ago. Bill was the best thing that happened to us. He got us on track for health insurance that has worked out excellent for us, and still to this day. Bill has always been there for us over the years assisting us when help and answers to questions were needed right away. We have also given friends Bill's contact information so they could also have the great service we have received. We highly recommend Bill for your insurance needs.

Cynthia B

Summit Insurance Solutions
5
2020-06-23T21:04:11+00:00

Cynthia B

A few years back my husband's doctors office recommended us to contact Bill to have a proper insurance plan. That was at least 6 years ago. Bill was the best thing that happened to us. He got us on track for health insurance that has worked out excellent for us, and still to this day. Bill has always been there for us over the years assisting us when help and answers to questions were needed right away. We have also given friends Bill's contact information so they could also have the great service we have received. We highly recommend Bill for your insurance needs.

He took the time to explain the differences to me

My girlfriend recommended Bill to me. I needed to find a medical supplement policy...he took the time to explain the differences to me for each type policy. I was able to make the best choice for coverage thanks to his help.

Marilyn R

Summit Insurance Solutions
5
2020-06-23T21:02:50+00:00

Marilyn R

My girlfriend recommended Bill to me. I needed to find a medical supplement policy...he took the time to explain the differences to me for each type policy. I was able to make the best choice for coverage thanks to his help.

I have worked with Bill for several years now

I have worked with Bill for several years now and am delighted with his professional service and care of my insurance needs. You could not ask for a better individual to take are of you and your insurance.

Patsy Headrick

Summit Insurance Solutions
5
2020-06-23T21:01:28+00:00

Patsy Headrick

I have worked with Bill for several years now and am delighted with his professional service and care of my insurance needs. You could not ask for a better individual to take are of you and your insurance.

Bill was very helpful

Bill was very helpful when I needed to choose a health plan. He was knowledgeable and readily available for any questions I had.

Robin M.

Summit Insurance Solutions
5
2020-06-23T20:55:48+00:00

Robin M.

Bill was very helpful when I needed to choose a health plan. He was knowledgeable and readily available for any questions I had.

I would highly recommend Bill.

Last year I transitioned onto Medicare. With Bill's assistance we navigated the services he could offer and I enrolled in the Medicare programs that met my needs. A very easy and enjoyable process. Bill provided great follow up to ensure the programs were working as he presented them. I would highly recommend Bill.

Morrie M.

Summit Insurance Solutions
5
2019-01-17T00:28:33+00:00

Morrie M.

Last year I transitioned onto Medicare. With Bill's assistance we navigated the services he could offer and I enrolled in the Medicare programs that met my needs. A very easy and enjoyable process. Bill provided great follow up to ensure the programs were working as he presented them. I would highly recommend Bill.

Each recommendation was based on the best solution and cost for our needs.

We have known Bill for quite some time and have always found him very helpful and responsive. His expertise is unmatched and we are confident that each recommendation is based on the best solution and cost for our needs. We have recommended him to a number of other friends and family with similar results.

Curt P.

Summit Insurance Solutions
5
2020-06-23T20:40:53+00:00

Curt P.

We have known Bill for quite some time and have always found him very helpful and responsive. His expertise is unmatched and we are confident that each recommendation is based on the best solution and cost for our needs. We have recommended him to a number of other friends and family with similar results.

Would highly recommend Bill!

We needed to change our Medical, Prescription, and Dental program. We contacted several agencies and found Bill without a doubt the best agent to work with. He has great knowledge of these programs and helped us with the paperwork. His call backs were prompt and service was excellent. Would highly recommend Bill.

Rick & Jennifer L.

Summit Insurance Solutions
5
2020-06-23T20:39:13+00:00

Rick & Jennifer L.

We needed to change our Medical, Prescription, and Dental program. We contacted several agencies and found Bill without a doubt the best agent to work with. He has great knowledge of these programs and helped us with the paperwork. His call backs were prompt and service was excellent. Would highly recommend Bill.

Turning 65 and eligible for Medicare I was aided by Bill to navigate through all of Parts B and D and a few other letters of supplemental insurance. Bill did an excellent job explaining everything to me providing alternatives and comparisons. In fact, he was so knowledgeable my wife and I not only purchased these policies but also bought long term care policies. I have recommended Bill to others and they also have been very pleased with his exceptional service.

Bruce & Linda S

Summit Insurance Solutions
5
2019-01-17T23:38:24+00:00

Bruce & Linda S

Turning 65 and eligible for Medicare I was aided by Bill to navigate through all of Parts B and D and a few other letters of supplemental insurance. Bill did an excellent job explaining everything to me providing alternatives and comparisons. In fact, he was so knowledgeable my wife and I not only purchased these policies but also bought long term care policies. I have recommended Bill to others and they also have been very pleased with his exceptional service.

I Would Highly Recommend Bill.

My wife and I decided to apply for Long-Term Care Insurance and didn't know where to begin looking for a reasonably priced plan. Bill helped us by shopping around for us, getting us a great policy and even working with us during the process of navigating through the insurance questions and issues as they arose. I would highly recommend Bill and his services to everyone with insurance needs.

Bill & Noreen R

Summit Insurance Solutions
5
2019-01-17T23:37:26+00:00

Bill & Noreen R

My wife and I decided to apply for Long-Term Care Insurance and didn't know where to begin looking for a reasonably priced plan. Bill helped us by shopping around for us, getting us a great policy and even working with us during the process of navigating through the insurance questions and issues as they arose. I would highly recommend Bill and his services to everyone with insurance needs.

Bill is terrific.

Bill is terrific. We spent a considerable amount of time researching options online for healthcare, and thought we knew what we wanted; Bill was able to look at each one and tell us what we didn't know about it- often times helping us avoid significant costs we wouldn't have seen coming. Basically he steered us to the right plans, making sure our needs were made, quickly, efficiently, and affordably. It was a comfort to know we were working with someone who knew his stuff and could identify what was really important to us. I highly recommend him for sole proprietors and small businesses.

Jeff S.

Summit Insurance Solutions
5
2019-01-17T00:54:09+00:00

Jeff S.

Bill is terrific. We spent a considerable amount of time researching options online for healthcare, and thought we knew what we wanted; Bill was able to look at each one and tell us what we didn't know about it- often times helping us avoid significant costs we wouldn't have seen coming. Basically he steered us to the right plans, making sure our needs were made, quickly, efficiently, and affordably. It was a comfort to know we were working with someone who knew his stuff and could identify what was really important to us. I highly recommend him for sole proprietors and small businesses.

Saving us hundreds of dollars.

My wife and I live on Hilton Head Island S.C. and Bill has handled our Medicare Supplement needs very professionally while saving us hundreds of dollars. I recommend that you contact Bill and see what he can do for you.

Tom A.

Summit Insurance Solutions
5
2019-01-17T00:53:02+00:00

Tom A.

My wife and I live on Hilton Head Island S.C. and Bill has handled our Medicare Supplement needs very professionally while saving us hundreds of dollars. I recommend that you contact Bill and see what he can do for you.

Bill is a consummate professional.

Bill is a consummate professional that takes the time to understand your specific needs as it relates to insurance and then make recommendations that are tailored to you and your family. He is extremely knowledeable and very responsive.I would thoroughly recommend engaging in a conversation with him as it relates to your healthcare and other associated insurance needs.

Trevor B.

Summit Insurance Solutions
5
2019-01-17T00:51:59+00:00

Trevor B.

Bill is a consummate professional that takes the time to understand your specific needs as it relates to insurance and then make recommendations that are tailored to you and your family. He is extremely knowledeable and very responsive.I would thoroughly recommend engaging in a conversation with him as it relates to your healthcare and other associated insurance needs.

We have recommended you to other friends…

Larry and I have known you for many years.. After your Dad was nice to recommend your service to us we have been very pleased with our service that you have provided. We have recommended you to other friends and they have been pleased with your service.. Today the health insurance is tricky with so many hidden costs and you were able to address any costs that we would be facing.. Thank You, Laura

Laura Schodowski

Summit Insurance Solutions
5
2019-01-17T00:35:21+00:00

Laura Schodowski

Larry and I have known you for many years.. After your Dad was nice to recommend your service to us we have been very pleased with our service that you have provided. We have recommended you to other friends and they have been pleased with your service.. Today the health insurance is tricky with so many hidden costs and you were able to address any costs that we would be facing.. Thank You, Laura

Totally Impressed!

I have used the services of Bill for several years & have been totally impressed with his knowledge and service.

Andrea P.

Summit Insurance Solutions
5
2019-01-17T00:33:31+00:00

Andrea P.

I have used the services of Bill for several years & have been totally impressed with his knowledge and service.
5
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