Life Insurance
Some people may not view Life Insurance as a necessary expense but those people couldn’t be more wrong. Life Insurance ensures a secure future for your loved ones after your passing and gives a piece of mind that most other insurance policies can’t offer. If you aren’t as forward thinking, you can even use life insurance policies for more direct expenses like paying off mortgages or loans. Its list of uses is almost endless.
There are many different options to choose from when it comes to selecting the right life insurance policy for you. Unlike most other types of insurance, you are completely flexible with almost all of the components of the policy itself. You can customize how long you want the policy for, how much you would be covered for, and even who would receive the policy payout should they need it. You can basically customize the policy to fit you and your family’s every financial need.
There are two basic types of life insurance policies that are available. Those types are whole life and term life policies. The only major difference between these types is the length of the term of the policy.
Whole Life covers you for your “whole life,” meaning that so long as you pay the premiums when required to do so, you are covered up until your death. This type is generally more expensive but it covers you for a longer period of time without the need for retesting or re-application.
Term Life covers you for a specific amount of time of your choosing (usually 10, 20, or 30 years). This policy is generally cheaper and the premium remains level throughout the entire term but after the term is over, the price normally jumps higher due to the possible need for re-testing at an older age.
In order to fully find the life insurance policy that best suits your needs; we would just need the following information from you:
· Name
· Date of Birth
· Health History
· Smoking History
· Any Medications you are taking
· Beneficiaries (if any)
· Type of Life Policy you would like
Contact us with this info and we would be able to offer you a free quote ASAP!
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