Find a good insurance agent, a great insurance to meet your needs, and you’ve got a lasting relationship. Most people who start a whole life insurance policy maintain it for a lifetime. Or beyond…
There are two kinds of life insurance policies that I’ll discuss today –
1 – Term life – temporary insurance, usually lasting less than 20 years is your gamble that you’ll die before the insurance runs out. The insurance is gambling you’ll outlive it.
2 – Whole life – a lifetime policy that often works as a savings plan, or investment plan where you put money into insurance AND a savings account. Once started, most people maintain this policy and use it frequently to improve their life options.
There are a few riders (or attachments) you can add to your insurance policy to improve the way it works for you. Such as the disability rider that would pay your insurance if you were to become unable to pay it.
Another option might be to add a rider for your children, to pay their life insurance should something happen to you.
Life insurance policies are beneficial to all. Let’s talk about how I can help you with yours. Contact Diane – using the contact information – or fill out the form in the upper right corner, so you can receive more information in my newsletter.