Life Insurance is
an agreement you make with an Insurance company where in exchange for a
premium they agree to pay a lump sum of money to the
person, organization, or entity you designate upon the premature death of the insured. Factors that influence Life Insurance rates are age, sex, level of benefit and health.
There are 2 ways to
obtain Life Insurance.
1. Term - Term
is less expensive, however it last for a specific length of time (10 years, 20 years), so
you can outlive it. In addition term earns no equity. This is why I
refer to Term as renting. Typically the longest period term will last is
30 years.
For a no obligation term quote Click Here
2. Permanent – Permanent also called Whole Life and Universal Life is more
expensive however it will last your entire life however long that is. It
also earns equity; it includes a savings account that can be accessed.
Many people use as a retirement supplement or college saving. I refer to Permanent as
owning.
For a no obligation permanent quote Click Here
Did you know that now they have Life Insurance policies that pay benefits while you are still alive?
If you suffer a Critical Illness like
Cancer
Heart Attack
Stroke
ALS
16 illnesses in total
or a Chronic Illness where
your require Nursing Care
For a no obligation term quote Click Here
It could be the difference between bankruptcy and recovery
206-227-6677
