Individual Life Insurance (Term & Whole Life)
Individual Life Insurance – Term & Whole Life Options
Life is unpredictable, but planning ahead makes all the difference. At Queener Insurance, we help families and individuals across Morristown and East Tennessee find the right life insurance to protect their loved ones—no matter what tomorrow brings. Whether you’re starting a family, buying your first home, or planning for the future, we offer both
term life insurance and
whole life policies to fit your needs and budget.
Affordable Protection That Fits Your Life
We believe life insurance shouldn’t be confusing or out of reach. That’s why we take the time to understand your goals, explain your options in plain language, and find the right policy for your situation. Our plans are tailored for East Tennessee families who want peace of mind—from downtown Morristown to Jefferson City, from new parents to retirees.
Why Term Life Insurance Works for Many Families
Term life insurance provides coverage for a specific time period—typically 10, 20, or 30 years. It’s often the most affordable way to get a large amount of protection for things like:
- Income replacement
- Mortgage or loan payoff
- Childcare or education costs
Premiums stay level for the length of the term, and some policies can be converted to permanent coverage later—often without a medical exam. Term life is a strong choice for young families in Morristown looking for budget-friendly financial protection during their most important earning years.
What to Know About Whole Life & Permanent Insurance
Whole life insurance is exactly what it sounds like—coverage that lasts your whole life. In addition to the death benefit, it builds cash value over time, which you can borrow against or use in the future. Premiums are higher than term life, but you’re also gaining a permanent asset with tax-advantaged savings.
Permanent life insurance options are often used for:
- Final expenses
- Generational wealth transfer
- Estate planning
- Long-term financial goals
Whether you want to leave a legacy or ensure lifelong coverage, a whole life policy in TN offers steady value and guaranteed protection.
We Help You Choose What’s Right
There’s no one-size-fits-all answer. Some clients choose term life for early coverage, then layer in permanent policies later. Others choose a small whole life policy right away for lifetime peace of mind. We’ll look at your age, health, family situation, goals, and budget to recommend a mix that works.
Our local team in Morristown is here to answer your questions—not push a product.
Skip the Medical Exam, Keep the Coverage
If you want life insurance without the wait or hassle, we offer no-exam and simplified issue policies.
These are ideal for people who:
- Prefer convenience
- Want faster approvals
- May have mild health issues
- Need coverage under a certain amount
We work with carriers offering quick-issue and digital-first policies, including Ethos and others. Some policies issue same-day coverage based on a health questionnaire and medical record check.
Coverage for Every Member of the Family
Don’t overlook insuring a stay-at-home parent, whose contributions would be costly to replace, or setting up a small policy for a child to lock in future insurability. We can help you evaluate coverage options for each family member and design a plan that provides financial stability across generations.
Let’s Find the Right Life Insurance for You
We offer life insurance quotes in Morristown and throughout East TN with no pressure and no cost to talk. We’ll answer your questions, run the numbers, and help you compare options from multiple trusted insurers.
Already have a policy? We’ll review it and make sure it still meets your needs.
At what age should I get life insurance?
Ideally, as early as you have a need (dependents, debts, etc.) because younger means cheaper premiums. Many people get term life in their 20s or 30s when starting a family or buying a home. But even if you’re 50 or 60, it’s not too late – the policy might cost more, but it can still provide peace of mind or cover things like funeral expenses. We can write policies for adults of most ages (typically up to 80 for some final expense plans). The key is if someone will suffer financially when you’re gone, you likely need life insurance, regardless of age.
How much does life insurance cost?
It depends on factors like age, health, coverage amount, and term length or type. For example, a healthy 30-year-old might get $250,000 20-year term for maybe $15-20 a month. Whole life for the same person might be significantly more for the same face amount. We’ll gather some basic info and can give you specific numbers. The good news is term life especially is quite affordable for most people. And even whole life can be designed at lower face amounts to fit a budget (like a $10,000 final expense policy might be $40-50 a month for a senior). We’ll tailor it to what you can comfortably pay.
Do I have to do a medical exam?
Not always. For many term policies up to certain coverage limits, there are no-exam options where you just answer health questions (the insurance company might check records, but no physical). These are often called simplified issue policies. We also work with instant-issue online life insurance partners that skip the exam. However, if you’re seeking a very large amount of coverage or have some health conditions, a traditional policy with an exam might give a better rate. The exam (if needed) is free and done by a nurse at your home or work, and it can actually help get you a lower premium if you’re in good health. We’ll let you know your options.
What is the cash value in a whole life policy?
Cash value is like a savings component inside a whole life (or universal life) policy. As you pay your premiums, the policy accumulates value over time (tax-deferred). You can borrow against it or sometimes withdraw from it. Some people use it in later years for supplemental retirement income or emergencies. However, it grows slowly in the early years. Think of it as a side benefit – the primary purpose is still the death benefit protection. If you borrow from it, any unpaid loan reduces the death benefit. We’ll show you illustrations of how the cash value might grow so you can understand that aspect if you’re interested in permanent life insurance.
Can I name anyone as my life insurance beneficiary?
Yes, you can name one or multiple beneficiaries – typically people name a spouse, children, or other family members. You can also name a trust or even a charity. It’s up to you. We’ll ask you to designate a primary beneficiary (who gets the money if you pass) and it’s wise to name a contingent (backup) beneficiary as well. We advise against naming minors directly (since the courts might need to get involved); instead, you can name a trusted adult or set up a trust for minor children. It’s important to keep beneficiaries up to date if your life circumstances change (marriage, divorce, etc.) – we can help update them anytime.
