| Life Insurance |
Life insurance is vital to protecting the people you care about from the effects of sudden and unexpected illness or death. People often think that life insurance is only for the wealthy, but with the help of a licensed insurance agent, you can find affordable plans that suit your needs. I’m happy to offer you free assistance that connects you with prestigious brands and low cost life insurance.
Term Life Insurance
Term life insurance is a type of life insurance that provides coverage for a predetermined period of time. It is the simplest and most affordable way to protect your family’s future. It pays a death benefit if you die during the policy’s term, typically 10, 20 or 30 years.
Term life insurance provides coverage for families in the event of death before their mortgage is paid off or their children’s education. It is important to be covered before tragedy because looking for coverage as you experience it may be too late.
Whole Life Insurance
Whole life insurance provides coverage for the rest of your life. With whole-life policies, premiums are paid in one lump sum and cover the cost of the policy. The money that accumulates inside the policy can be used to pay future premiums or cash out at any time without penalty.
The first thing to consider when choosing between whole-life and term policies is whether you want to have coverage for your entire lifetime or just a set period (usually 10 years).
Universal Life Insurance
Universal life insurance is a permanent life insurance policy that allows you to accumulate cash value and withdraw it at any time without incurring tax implications. It is a flexible type of life insurance that can be used as an investment vehicle as well and has no tax implications, meaning you don’t have to pay taxes on any of the money you withdraw from the policy or on any interest earned.
Final Expense Insurance
Final expense insurance is a type of life insurance that pays for the final expenses of a person, including outstanding debt and funeral costs which cost $10,000 on average. This type of life insurance helps cover these expenses so that the family doesn’t have to foot the bill. Contact me below to be connected with the best life insurance policies for your needs.