Christopher Smith, WNC Health Insurance / The Asheville Blue Cross and Blue Shield of North Carolina® Store, Asheville, NC. Agent for Disability Insurance, Health Insurance Marketplace, Life Insurance, Medicare Supplement Insurance, Medicare Advantage, Health Insurance, Employee Benefits and Group Health Insurance. Blue Cross and Blue Shield of North Carolina® Authorized Agent for Blue Advantage®, Dental Blue for Individuals℠, Blue Medicare HMO℠, Blue Medicare PPO℠, Blue Medicare Supplement℠

Life Insurance

Life insurance will provide financial protection for your family in the event of your death.  It is the essential component in planning for your family's future and is the most important thing you will ever do for those who depend on your ability to earn an income.

There are three types of life insurance:

  • Term life insurance

  • Permanent life Insurance, also known as "Whole Life"

  • Universal life insurance

Term Life Insurance

Term life Insurance the most affordable protection available and is designed to meet a temporary need.  Term life insurance will provide coverage for a specific period of time (the term) and pays the full benefit if you die during the defined term period.  Term life insurance makes sense when you have a large need for insurance that will disappear at a specific point in time.  For example, you may need a significant amount of life insurance until your children graduate from college, your mortgage is paid off or for income replacement during your top earning years.  Term life insurance policies are available in 1, 5, 10, 15, 20 and 30 year term periods.  To learn more about term life insurance, please click here

Permanent Life Insurance

Permanent life insurance policies, also known as whole life, provide lifelong protection. As long as you pay the premiums, and no loans, withdrawals or surrenders are taken, the full face amount will be paid.  Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.  For more information about whole life insurance, please click here

Universal Life Insurance

Universal life insurance is permanent insurance with ultimate flexibility.  You can increase or decrease coverage, increase or decrease premiums, skip premiums, pay up early or over fund the policy to diversify your portfolio. 

A recent development in the universal life insurance market is the "Guaranteed UL" policy.  These polices guarantee a lifetime death benefit even if the cash value has been completely depleted.  Please click here for more information about universal life insurance.

What Type of Life Insurance is Right for You?

Your life insurance needs change as you move through life. 

When you are young, the need to replace a lifetime stream of income for those that depend on you is best met with term life insurance.  I represent the most competitive and highly rated companies on the market, including Penn Mutual, Banner, Pacific Life, Lincoln National and Principal National Life.

As you age, your needs change from income replacement to wealth transfer and estate planning.  These needs are best met with permanent protection; this may be whole life, universal life, or a combination of the two.  No situation is the same.  I can recommend several attorneys and accountants that can assist with your estate planning needs. 

How much life insurance do you need?  Let our life insurance calculator help you determine your need. 


You may contact me by phone at 828-231-3047 or e-mail at