Terry L. Mounce Life Insurance Agency
Helping individuals and families find the right life insurance, mortgage protection, and income replacement coverage for 40+ years.
Proud to offer products from the following
OUR COVERAGE OPTIONS
Income replacement
Income replacement insurance is a type of insurance policy designed to provide you with a regular income if you're unable to work due to illness, injury, or disability. It's often referred to as disability insurance or income protection insurance, depending on the region or provider.
Life Insurance Term & Whole/UL Life
Life insurance pays a lump sum to your loved ones if you die. Term Life is the most affordable—it covers you for a set number of years and pays out only if you die during that time. Whole Life lasts your entire life, has fixed premiums, and builds cash value you can borrow from. Universal Life also offers lifelong coverage but with flexible premiums and a cash value that grows based on interest or market performance.
In short: Term is simple and temporary, Whole is lifelong with savings, and Universal is flexible and investment-linked.
Mortgage Protection
Mortgage protection insurance is a type of insurance designed to help pay off or cover your monthly mortgage payments if you die, become seriously ill, or are unable to work due to injury or disability—depending on the policy.
Estate taxes
Estate taxes are taxes imposed on the total value of a person's money and property after they die, before it’s passed on to heirs. They apply only if the estate exceeds a certain value threshold, which varies by country and state. In the U.S., for example, estates under a certain size (over $13 million in 2025 for individuals) are not taxed federally, though some states have their own lower limits and separate estate or inheritance taxes.
In short: estate taxes affect large estates and reduce the amount passed to beneficiaries, making planning important to minimize their impact.
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Income replacement
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Mortgage Protection
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Life Insurance Term and Whole/UL Life
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Estate taxes
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Pension Plan Options
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Quick. Simple. Educational.
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Conversations nationwide by phone and computer.
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TAILOR-MADE APPROACH
Our approach is tailored to meet your individual needs, ensuring that you receive the right coverage for your unique circumstances.
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CLIENT-CENTRIC FOCUS
Placing our clients at the forefront is the foundation of everything we do. We are committed to delivering exceptional service and support at every stage of your insurance journey.
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PRECISE COVERAGE
We meticulously attend to the details to ensure that you have the exact protection you require. Our comprehensive approach guarantees that no aspect is overlooked when it comes to your coverage.
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RELIABLE RESULTS
Our history of delivering reliable results speaks for itself. You can depend on us to provide the solutions and support that lead to enduring peace of mind.
Why Choose Our Insurance Agency
Personalized insurance solutions with over 40 years of experience—offering life insurance, mortgage protection, income replacement, estate planning, and pension options through simple, educational consultations nationwide.
Client Success Stories
See how personalized guidance and trusted insurance solutions have helped clients protect their families, finances, and future.
Get In Touch
Contact us today for personalized insurance guidance, free quotes, and answers to your life insurance questions.
