Life insurance “insures” your loved ones will be taken care of. It provides a lump sum payment to your beneficiaries in the event of your passing.
There are two types of life insurance: term and permanent or whole. Term life insurance is the most affordable, but it has a predetermined policy end date. When the policy ends, so does your insurance coverage. Permanent life insurance is permanent as long as the policyholder pays the premium. Permanent life also has a cash value which raises the premiums.
Which one is right for you? We can help you determine how much insurance you need and what type of insurance will work best for you, your beneficiaries and your budget.You only live once, but if you do it right, once is enough.
You only live once, but if you do it right, once is enough.