If you die prematurely, life insurance provides your dependents with ongoing income to replace yours. It can also provide a timely emergency fund for medical, legal, and funeral costs, should family savings not be adequate to cover them.
Term life insurance is the cheapest form of coverage and remains in place over a limited number of years. It is typically suitable for younger parents who want substantial insurance coverage at low cost. These plans are also great for those looking to protect their families income from temporary or short term debts or expenses such as college, mortgages and etc.
Other Types of Life Insurance Include:
- Whole Life
- Universal Life
- Mortgage Protection
- Return of Premium
- Final Expense
Wesley K Smith, can help you determine how much coverage you need; Please call us at (855) WesleyK (937-5395) or use our online form to request a quote.