It’s a sad fact that many individuals don’t think about the importance of life insurance – until it’s too late. Of course death isn’t a topic anyone likes to discuss, especially regarding a loved one, it’s still an important conversation to have as a family. In fact, life insurance is one of the most important personal financial decisions one can make in his or her lifetime, and one that also impacts the livelihood and survival of the individual’s family. To learn more about the importance of life insurance, or to speak with a licensed life insurance agent, contact American Insure-All, a reputable life insurance company in Edmonds.
The two most popular categories of life insurance are term insurance and permanent insurance.
Term insurance is designed to provide protection and coverage on a short-term basis or for a specific time frame. For example, term insurance has helped families get by for a short amount of time while a family member looks for work, a debt is paid off, and/ or to recover from a long-term illness, accident or other short term disability.
Permanent insurance is just what it seems like: long-term protection. Permanent insurance is designed to provide coverage for a lifetime, so long as premiums are paid and there are no loans or withdrawals against the policy.
All in all, life insurance is an important topic to discuss with your family as well as a licensed and experienced life insurance agent. For more information on life insurance, or for help in selecting a life insurance policy that works best for you and your family, contact your local American Insure-All life insurance company in Edmonds. Call American Insure-All today at (888)411-AUTO for a free quote and to get started!