We've found that there are two states of mind when it comes to life insurance:
- Some build legacies with their foresight, knowing that their family will be stronger and better off with inheritances when the inevitable occurs.
- Others don't see the benefit of investing in life insurance at all or are unaware that the life insurance coverage, offered by their employer, is barely enough to cover reasonable expenses incurred - leaving their family without a legacy on which to build. And worse off financially, at the worst possible time.
For centuries, the families that aim to build legacies... do. These families benefit from inheritances, generation after generation, that help to produce more college graduates, more homeowners, and countless contributions to society. It's that simple.
At Insuraty, we believe life insurance is about life. And that more families should benefit.
Insuraty offers guidance in determining why life insurance is needed; how much coverage is optimal; and the advantages of different types of policies.
Quotes are provided from top rated insurers on the following life insurance options:
Term Life
Term insurance covers you for a term of one or more years. It pays a death benefit only if you die in that term. Term insurance generally provides the largest immediate death protection for your premium dollar.
Whole Life
Whole life covers you for as long as you live if your premiums are paid. You generally pay the same amount in premiums for as long as you live. When you first take out the policy, premiums can be several times higher than you would pay initially for the same amount of term insurance, because a portion of your premium goes into a cash value account. The premiums, however, are smaller than the premiums you would eventually pay if you were to keep renewing a term policy until your later years.
Some whole life policies let you pay premiums for a shorter period such as 20 years, or until age 65. Premiums for these policies are higher since the premium payments are made during a shorter period.
Universal Life
Universal life policies offer flexibility in premium payments. You can adjust the face amount of your coverage. The premiums you pay go into a policy account that earns interest.
To request an individual consultation or quote, please e-mail clawson@insuraty.com or call (301) 249-9554. One of our agents will respond promptly.
