What Is Life Insurance?

Life Insurance is a policy that indeminfies at the time of loss, in what is called a death benefit. A death benefit is a lump sum of money that is tax-free that is designated to the beneficiary after death of the policy owner. The policy owner chooses the policy type, the amout of years they need in term or get a permanent policy, the amount of coverage, and receives a premuim amount to be paid to the insurance company base on the amount of coverage. Life insurance offers the peace of mind to your family by providing financial protection at affordable rate for the peope who depend on you the most.

What Are The Different Types of Life Insurance?

Well, you have two type of life insurance Term Insurance and Whole Life Insurance then extention of whole life insurance in Universal life, Variable Life and Final Expense Life Insurance.  For more information please contact us.