Life Insurance

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Life insurance is extremely important: having enough coverage means that you can continue providing for your family even if you are no longer with them. As long as you pay your monthly premiums, then your insurance will pay out after your death to your designated beneficiaries, helping them keep up with mortgage payments, pay off debts, care for your children, and more.

Best Insurance Group understands that life insurance can be a tough topic to think or talk about, we will make the process simple for you. Just give us a few minutes of your time, and we’ll compare life insurance quotes from multiple carriers. We’ll find you a plan that fits your budget and sets your mind at ease. With one of the following types of plans, you’ll know that your family will always be taken care of.

The Different Types Of Life Insurance

  • Term Life Insurance is only active for a certain time period, such as 10, 20, or 30 years. If you die during this period, your beneficiaries will get the cash payout outlined in your policy. Term life is a less expensive option; it is also renewable.
  • Permanent Life Insurance is a type of policy that does not expire, but costs more than term life, because it offers additional features like a cash value. There are 2 main types of permanent life insurance:
    • Whole Life Insurance features premium prices that are locked in when you buy the policy.You can keep this policy, at the same price, for your whole life. The younger and healthier you are, the cheaper the payments.
    • Universal Life Insurance offers flexible policies that allow you to pay your premiums at any time, in any amount, after the initial payment is made. You can also reduce or increase your death benefit.
  • Final Expense Life Insurance is also referred to as burial insurance, and helps cover funeral expenses or medical bills.

Choosing the Right Plan

In order to find the right life insurance policy for you, first determine how much coverage your family needs versus how much you are willing to spend per month. Take into consideration whether your job offers life insurance, and whether you would like an extra policy that covers more than the one your employer offers. Decide whether you need coverage for a limited time or for longer. There are a number of different plans with different coverage and price points to choose from, so make sure you contact one of Best Insurance Group’s agents to make sure you’re not missing anything. Tie in getting an agent to help reminder they are called Best Insurance Group

Benefits build up differently and can have certain conditions that must be met before they can be paid out. In order to make a more informed decision, speak with one of BiG’s knowledgeable agents. They will go over your needs and help you determine which plan is best for your family and your budget.

Learn More and Secure Your Coverage Today

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