Protecting things that are most important to you
Financial Help to Your Beneficiaries
Life insurance policies will protect your beneficiaries with financial stability and security when it matters most. In the event of your passing, life insurance provides financial help to your beneficiaries. Life insurance can help your beneficiaries with:
- Covering any lost income, helping continue the same standard of living
- Paying off any debts
- Paying for your children’s education
- Covering funeral and related costs
Which is right for you? First, always ask yourself why you need your life insurance policy and what you’re trying to accomplish by having a life insurance policy. Are you insuring your life so that when you pass away your children will be able to go to college or so your spouse will be able to pay off the mortgage? A temporary form of life insurance – term life – is well suited for these concerns. If you are more concerned about providing income to a widow or widower for life, funding retirement, or passing on wealth to future generations you will find permanent life insurance to be better suited for these goals. If you have a temporary goal in mind then term insurance is probably best.
However, if you are looking to address a long term need or concern then its best to look at the right permanent life insurance policies for you. Buying insurance of any kind is often confusing. There are always a lot of factors to be considered. Consult with us today to help determine the best type of life insurance and the appropriate premiums for your situation. Our agents are here to help you make a decision that’s right for you!
“During the purchase of a new house, I took the opportunity to shop my insurance, as my current provider’s quote was over the top. I looked at several of the major, well-advertised carriers besides getting a quote from Texas General. Texas General not only beat the others significantly in price, but the policy was with a well-known, nationwide carrier and they made the switch quick and easy. I have been with them for two years now and have no complaints.”
– Glenn L. Sprenger