Life Insurance
The four primary types of life insurance have a place in any sound financial plan. They are:
- Term Life Insurance - these are fixed premiums for a finite period of time, normally 10 or 20 years
- Whole Life Insurance - this is permanent insurance, with fixed premiums and cash value benefits, as long as premiums are paid
- Universal Life Insurance - permanent insurance that contains options to change premiums and even death benefits
- Variable Life Insurance - this is similar to the Universal Life policy, but you have the flexibility to choose investment risks to maximize cash value benefit
You can use Life insurance for a variety of financial planning purposes, including:
- Paying for your children's education
- Helping your spouse and surviving children maintain their lifestyles
- To safeguard the continuation of a business after the death of a key owner or employee
Contact Meixell - Diehl Insurance today to review your needs and options and get you competitive quotes for the life insurance right for you.
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Do you have questions about Life Insurance?
Contact an insurance agent at Meixell - Diehl Insurance today to answer any questions about Life Insurance or for a free review and insurance quote for Life Insurance. And don't forget, as an independent insurance agency, we represent several top rated insurance companies. We have the flexibility to help you find coverage at competitive premiums for business, home, auto, and more.
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