Life insurance is a contract in which a policyholder pays regular premiums in exchange for a lump-sum death benefit paid to the policyholder's beneficiaries. Your beneficiaries can use the money for whatever purpose they choose. Often this includes paying everyday bills, paying a mortgage or putting a child through college. Having the safety net of life insurance can ensure that your family can stay in their home and pay for the things that you planned for.

4 functions of life insurance

1. Protection (Death and Living Benefits)

     Death Benefit – Many people have a misconception of what we mean by the Death benefit. We do not mean what it will cost you to bury your loved one. Instead, ask yourself how much money will your family need to have to replace your income.


     Living Benefits – Living benefits is New to Insurance. If your policy is more than 5 years old then you probably do not have Living Benefits. Living Benefits can be used while You are Still Alive. If you are diagnosed with a Critical, Chronic, or Terminal Illness then you are able to access a certain Percentage of Your Death Benefit TAX-FREE

2. Cash Value Accumulation

3. Income Tax Free

     Death Benefit and Living Benefits are all Tax-Free Money.  

4. Wealth Transfer

     Life Insurance Money can be passed down to the Next Generation Tax Free to create Generational Wealth  

There are several Types of Life Insurance:

    >>   Term Insurance

    >>   Whole Life Insurance

    >>   Universal Life Insurance

    >>   Variable Universal

    >>   Index Universal Life

How can EAHH help?

At Extending A Helping Hand, we are a non-profit organization that is committed to supporting marginalized Socially and Economically Disadvantaged Individuals. Our mission is to provide micro and mini-micro businesses with the awareness, access, education, and application to tools and resources that they need to thrive. We believe that diversity and inclusion are essential components of a prosperous community, and we work tirelessly to promote these values in all that we do.

As a non-profit organization, we rely on the support of our community to carry out our mission. Our team is comprised of passionate individuals who are dedicated to making a difference in the lives of marginalized Socially and Economically Disadvantaged Individuals. EAHH is an ecosystem that includes a Board of Directors, Advisory Council, Stakeholders, and Resource Partners that collectively work in tandem to ensure our efforts are effective, impactful, and quantitative.

We understand the challenges that marginalized Socially and Economically Disadvantaged micro and mini-micro businesses face, and we are committed to providing them with the support and resources they need to thrive.. Through our public and private partnerships, we aim to level the playing field and create a more equitable business environment.

We are proud of the work that we do at Extending A Helping Hand, and we are committed to continuing to serve our community in meaningful ways. Join us in our 
mission to support underrepresented minority-owned businesses and promote diversity and inclusion in our communities.

Be a part of the GET ON F.I.R.E. COMMUNITY

Fill out your information below and we will contact you to be a part of the Get On F.I.R.E. Movement. We are waiting for you!

U.S. Chamber of Commerce Member

Connect With Us

Extending A Helping Hand | Get On F.I.R.E. - All Rights Reserved.

Do not share, copy, reproduce or sell any part of this document unless you have written permission from All infringements will be prosecuted. If you are the personal owner of the End User License then you may use it for your own use but not for any other purpose.

This site is not a part of the Facebook website or Facebook Inc. Additionally, This site is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of FACEBOOK, Inc.

Privacy Policy          Terms