Life Insurance is the most unselfish gift you can give to those you love. Regardless of the labels insurance companies give to them, there are two types of life insurance policies.
Term life insurance can help provide monetary death benefits to your beneficiaries. The money can be used to pay off things such as your home or loans, but most importantly, it will provide for your loved ones when you no longer can. Term life insurance is affords coverage for a specific period of time usually 10 or 20 years.
Permanent life insurance offers more than just a death benefit. These policies combine death protection and savings, making them useful during your life, not just after it. They can even help you achieve your financial goals through cash value accumulation. The cash value can be borrowed or withdrawn, and should you chose to cancel the policy it belongs to you.
Call us for an no obligation appointment and we will talk about how affordable life insurance can be.