Contrary to popular belief, there are more than two types of life insurance. People may be familiar with both term and permanent life insurance, and may not know that there are other types as well. The other types are often offshoots of permanent or term insurance, but offer different benefits that may be beneficial to families or policyholders. It’s always good to pick a hometown insurance company so you know what you’re signing well before you pay the first premium. Here at American Insure-All, we’re committed to helping you read and understand the fine print so that you’re not confused. Because life insurance can only be claimed upon after you’re gone, it’s a good idea to make sure everything is order as you pay each month. If you’ve been in search of a family life insurance company in Monroe, choose American Insure-All.
Family life insurance is a part of term life insurance, but it’s a premium insurance. Because of that, it comes with some other benefits. First of all, it does carry a term, and usually the first term is that of 10 years. However, once you complete the term, you can keep going, and the premium increases beyond the guaranteed, first 10-year level, incrementally after that.
Family life insurance also protects the whole family – essentially two adults. If it is a concern of yours that something may happen to you and your spouse at the same time, family insurance is a good idea to ensure that your children are completely protected.
To hear more about the best family life insurance company in Monroe, please call American Insure-All at (888)411-AUTO to speak to one of our agents. We’re here to serve you.