Life Changes Quickly
Most people understand the simple basics of life insurance~when you die, your family gets money. But is that it? While it might be a large factor, there are many types of life insurance and each one carries advantages designed to fit your lifestyle. Yes, that’s right~married, single, young, in your prime, wealthy, middle class, or just getting by, there is a life insurance option for you.
And, you do need it…
What are the benefits of term life insurance?
- Typically, it’s a lower cost
- Easier to understand – it’s a simple insurance product
- After the first year, you can convert it to a permanent policy
What are the benefits of permanent or whole life insurance?
- It’s permanent life insurance
- It’s an important savings element known as ‘cash value’ that you can take out or borrow against
- It provides tax-advantaged estate planning benefits
It’s okay if you don’t know which type is right for you! You need life insurance that fits your life – Marcus and his team will help. Questions? It costs you nothing to have them take a look. Call them today at 248-464-8749.