Life Insurance is designed to protect your loved ones financially in the event of your passing. Our licensed sales representatives can help you navigate your options to find affordable coverage.
What is Life Insurance?
Life insurance provides a sum of money either upon the death of the insured individual or after a specified period. This financial protection can ensure that your family is taken care of, regardless of life’s uncertainties.
Common Types of Life Insurance
| Type of Insurance | Description |
|---|---|
| Term Life Insurance | Provides coverage at a fixed rate for a limited period. If the insured dies within this term, the death benefit is paid to the beneficiary. It is the most cost-effective way to purchase substantial coverage over a specific time. |
| Whole Life Insurance | Remains in force for the insured’s entire life, requiring annual premium payments. Offers guaranteed death benefits and may accumulate cash value. |
| Universal Life Insurance | A permanent life insurance type where premium payments above the cost of insurance build cash value. The cash value accrues interest, with a minimum rate guaranteed. |
| Variable Universal Life Insurance | Builds cash value that can be invested in various separate accounts, similar to mutual funds. Offers flexibility in premium payments, allowing for variations based on the contract owner’s preferences. |
Each type of life insurance serves different financial goals and needs.
If you’re interested in obtaining a quote or learning more about the right life insurance for you, feel free to reach out:
- Phone: (855) 543-6476
- Atlanta Office: One Glenlake Parkway, Suite 650 and 700, Atlanta, GA 30328
- Bridgeport Office: 1000 Lafayette Blvd, Suite 11, Bridgeport, CT 06604
- Email: Contact Us
Would you like to explore how life insurance compares to other insurance options?