Call Us Call or Email Us Today
Homeowners Insurance HOME Read More
Auto Insurance AUTO Read More
Renters Insurance RENTERS Read More
Business Insurance BUSINESS Read More
Life Insurance LIFE Read More
Watercraft Insurance WATERCRAFT Read More

 

What is Life Insurance?

Life insurance is protection for your family’s financial future should the worst happen. It can help lower the financial risks your family faces in the event you can no longer provide for them.

When you purchase a life insurance policy, you pay premiums on a periodic basis. Then, upon the death of the insured, a lump sum is paid to the beneficiaries. There are many different types of coverages with multiple add-on options, so policies can be customized to match your personal needs and goals.

Before digging into the details of the different types of policies, it’s helpful to understand the benefits of having life insurance and how it can help protect your family in the long run.

Benefits of Life Insurance

  • Safety and security for your loved ones. Ensuring the safety and security of loved ones is the primary reason many people purchase life insurance. In addition to covering funeral costs, your policy can provide income to pay expenses, such as a mortgage, continuing a family business, higher education for children and many other situations.
  • Paying for chronic or terminal illness. There is a common misconception that life insurance is only useful after a person has passed away. But, in reality, some policies have optional benefits that can help pay for chronic or terminal illness care expenses.
  • Access to the cash value. If you purchase permanent life insurance you will generally be able to access your insurance’s cash value through a policy loan or withdrawal for emergencies, retirement income and more. You have the flexibility to access your accumulated cash without the restrictions that other investments may carry.
  • Leaving a legacy. With a life insurance policy, you can create additional wealth for your family or a charity you want to support. This is an excellent tool for building the funds you need to make an impactful donation to community organizations that are important to you.

Suzanne Brown Insurance Agency

A Texas Independent Insurance Agency with over 100 insurance carriers

www.SuzanneBrownAgency.com

281-558-2210

 

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012


View Mobile Version
Facebook
Twitter
LinkedIn
Blog
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
© Copyright. All rights reserved.
Powered by Insurance Website Builder