Life Insurance
Protect the people and possessions that matter most.
Round out your financial portfolio with a life insurance policy so your family's finances remain steady.
F&M Wealth 
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Provide your loved ones with the financial security they deserve.
Choose from term and permanent policies at affordable rates to replace income, pay debts, and address any estate needs. Each option comes with unique features and benefits to protect your family or business.
| Featured | Term | Whole Life | Universal Life |
|---|---|---|---|
| Premium | Premiums increase at each renewal | Level | Flexible |
| Coverage | Usually renable until at least age 70; sometimes to age 95 | For life | For life |
| Death Benefit | Guarnteed |
Guaranteed
May increase with dividends*
|
May be guaranteed, based on policy
Can be increased or decreased
|
| Cash Value | None |
Guaranteed
May increase with dividends*
|
Guaranteed minimum interest rate |
| Policy loans allowed? | Not applicable |
Yes
May be able to borrow up to 100% of total cash surrender value less annual loan interest rate
|
Yes
Same as whole life, but usually available at lower net interest rate (i.e., pay the interest rate and get a credit back to the policy)
|
| Cash withdrawals allowed? | Not applicable |
No
|
Yes
|
| Cash value account growth | No cash value account |
Insurer determines guaranteed cash value and declares dividends based on performance of its general investment portfolio*
|
Insurer determines cash value interest crediting rates based on current interest rate returns to the company
|
F&M Wealth's licensed professionals, through Osaic Institutions Inc., can help you explore policies that align with your goals and financial plan.
Connect with an advisor in Shenandoah Valley, Virginia, to review your life insurance needs.
Disclosure: Investment products and services are offered through Osaic Institutions Inc., member FINRA/SIPC. Osaic Institutions is not affiliated with F&M Bank. Investments are not deposits, not insured by the FDIC or any government agency, not guaranteed by the bank, and may lose value.
*Dividends are not guaranteed.
Note: Any guarantees associated with payment of death benefits, income options, or rates of return are subject to the claims-paying ability of the insurer.
Note: Policy loans and withdrawals will reduce the policy’s cash value and death benefit and may cause the policy to lapse. Withdrawals may be subject to surrender charges and income tax, and a 10% penalty may apply to withdrawals from a modified endowment contract if made under age 59½.
Note: Variable life and variable universal life insurance policies are offered by prospectus, which you can obtain from your financial professional or the insurance company. The prospectus contains detailed information about investment objectives, risks, charges, and expenses. You should read the prospectus and consider this information carefully before purchasing a variable life or a variable universal life insurance policy.
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