Life Insurance Options
The proper coverage can mean all the difference to the loved ones you leave behind. We can help you determine the insurance program that best fits their needs.
There are basically two types of life insurance: Temporary and Permanent.
Temporary insurance, more commonly known as term life insurance, covers needs that will diminish or terminate in a set time period. For example, home mortgages and educational expenses. Term insurance provides affordable coverage for a specified number of years. There are a variety of plans ranging from an annual renewable term (1-year plan) to a level term plan that could last 10, 15, 20 or 30 years.
Permanent needs include those that last for your entire life, this is commonly reffered to as whole life insurance. Unlike term, permanent life insurance builds a cash value that increases the longer the policy is in force. Permanent needs may include final expenses and funds to cover estate taxes and retirement savings protection. With permanent life insurance policy, you will have guaranteed protection for your entire life.
Most importantly we can answer your questions and ensure you have the Right Coverage for the Right Price. Let our years of experience guide you.
When should I consider getting or changing my life insurance policy?
There are 4 major life changes that your insurance agent should know about:
- Getting married or divorced
- Planning a family
- Child going to college
- Starting a new job
All of these can affect your loved ones’ needs and quality of life.