Life Insurance
Live with confidence, knowing your loved ones are protected.
Having a proper life insurance plan provides you with confidence, knowing that your loved ones will be protected
As responsible adults, we worry about being able to provide for our families. During our lifetime, we dedicate most of our energy to protecting and providing for our loved ones. Once we're gone, we not only leave an emotional void, but a financial one as well. Will the family have enough income? Who will pay off our debts? Will our children have enough for their education?
We believe the foundation of any good financial plan includes life insurance. A well-designed life insurance program can potentially improve and enhance your retirement, estate planning, and family protection plans.
An individual Life Insurance Policy can help you accomplish the following goals:
-
Support family members in the event a wage earner dies prematurely
-
Compensate for the loss of a spouse who raises children
-
Financially support parents, family members or children with special needs
- Repay any mortgage, personal or business debts
-
Pay final expenses such as medical, burial, legal or probate costs after death
-
Pay for educational or retirement needs
-
Fund an inheritance or charitable bequest
-
Pay for federal estate taxes that may be due upon death
How much life insurance do I need?
Planning to meet the financial needs of your survivors is one of the most important and fundamental steps in creating a sound financial plan for you and your family. This step may require the purchase of a life insurance policy to ensure that your family's needs will continue to be met, even after your untimely death cuts your earnings potential short. Our life insurance calculator will help you determine the policy that is right for you.
Ready to learn more?
Our Wealth Management experts are ready to chat.
First Hawaiian Bank’s Wealth Management Group provides investment advice and financial products and services through First Hawaiian Bank. First Hawaiian Bank does not provide tax or legal advice.
| Investments, annuity, and insurance products are: NOT INSURED BY FDIC OR ANY GOVERNMENT AGENCY • MAY LOSE VALUE • NOT A DEPOSIT • NOT GUARANTEED BY FIRST HAWAIIAN BANK |
| The insurance and annuity products are obligations of the insurance company and (i) are not insured by the FDIC or any other agency of the United States; and (ii) are not deposits or other obligations of, or guaranteed or insured by, First Hawaiian Bank or any of its affiliates. For certain cash value life insurance products there is investment risk, including the possible loss of value. |