Medicare Options That You Can Trust


585 Lancaster Dr. SE Salem, OR 97317

Help your family by giving them piece of mind.

Losing a loved one is an extremely difficult experience. Picking up the pieces while dealing with the accompanying emotions can be stressful. There are also many expenses associated with death that can, on average, exceed $8,500.

Without a final expense life insurance policy, most families have a hard time coming up with these funds quickly. Final expense life insurance can save families from having to withdraw from their savings or sell precious assets to come up with the necessary funds required to bury a loved one.

At Proulx-Dunford we offer the full spectrum of life insurance plans- Term, Universal, and Index Universal Life Plans.Premiums Vary based on Age, Health, Coverage Amount and Carrier. Please call or send us an Email and we will assist you through this process.


Death benefits are generally received income tax-free by your beneficiaries. In the case of permanent life insurance policies, cash values accumulate on an income tax-deferred basis. That means you would not have to pay income tax on any of the policy’s earnings as long as the policy remains in effect. In addition, most policy loans and withdrawals are not taxable (although withdrawals and loans will reduce the cash value and death benefit).
In the event of your passing, life insurance provides money directly to the individuals you select, your beneficiaries, who can use the money as they see fit, including: -Replacing lost income -Covering basic living expenses -Paying household debts, estate taxes and funeral expenses -Funding a child’s education -Supplementing retirement savings
While you won’t be able to pinpoint the amount you’ll need to the penny, you can make a sound estimate. Your goal should be to develop a life insurance plan that, following your death, will allow your family to live comfortably without your economic contribution. Also consider the effect of inflation over time. The amount needed for retirement or college 20 years from now is likely to be significantly higher than today. To estimate the amount of life insurance your family would need, first calculate everything you now provide for your family including: -Salary -Benefits/health insurance -401(k) and retirement savings -Personal services you perform for your family, such as child care, cooking, home maintenance, etc. Then, subtract your personal expenses including: -Annual spending on personal needs, such as food, clothing, entertainment, etc.