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Insurance Services
The Milford Bank can help you obtain the insurance services you need to protect your family, your business and the assets you have worked so hard to accumulate. Take a few minutes to meet with us so that who can help you to determine your insurance needs and select the insurance that's best meets your needs.
Life Insurance:Life Insurance is an important part of every financial plan. However, choosing Term Insurance, Permanent Insurance or Mortgage Life Insurance can be a daunting task. We can help you through the process to find answer that is right for you and fits into your budget.
Term Life Insurance: Term Life Insurance provides life insurance for a specified period of time such as 1, 5, 10, 20 or 30 years.
Permanent Life Insurance: Permanent Life Insurance offers coverage for a life time. When you pay the premium, you build cash value that is tax-deferred until you withdraw it.
Tax Deferred Annuities: A tax-deferred annuity is an insurance contract. They may help you create an income stream for retirement. Tax-deferred annuities allow long-term investors to save money above the limits of IRA and 401k accounts.
Long Term Care Insurance: Long Term Care Insurance helps to cover the costs of the services you may need for in home care when you are no longer able to do some of your basic daily activities like bathing, dressing or moving from a bed to a chair. It can also help to cover the expenses of nursing home care.
Insurance products and annuities are not a deposit or other obligation of, or guaranteed by The Milford Bank ("The Bank") or any other affiliate of the Bank; are not insured by the Federal Deposit Insurance Corporation (FDIC) or any other agency of the United States, the Bank or any affiliates of the Bank.
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