It’s a sad fact that many individuals don’t realize the importance of life insurance. While no one wants to think of the death of a loved one or even his or her own death, it’s important to think of what will happen to your family, your debts, and your other financial obligations once you have passed. 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 Snohomish County.
What is Life Insurance?
There are many types of life insurance, but there are two main categories: term insurance and permanent insurance. So what is the difference between the two, and what does this mean for you and your family?
Term insurance is designed to provide protection and coverage for a specified period of time. For example, term insurance might be a good idea to help your family get by for a certain time period while a family member is out of work, a certain debt is paid off, or to cover expenses incurred from a long-term illness.
Permanent insurance provides long-term protection. Permanent insurance is designed to last a lifetime, as long as premiums are paid on time and there are no loans or withdrawals against the policy.
Which Type of Insurance is Right for You?
While there are multiple life insurance options, choosing the one that is the best fit for you and your family can be challenging, depending on your situation. By by working with a licensed and experienced life insurance agent at American Insure-All, you can ensure that you will not only receive the best service and solutions, but you will also walk away with a life insurance policy that is the best fit for you.
For more information on life insurance, or for help in selecting the best life insurance policy, contact your local American Insure-All life insurance company in Snohomish County. Call American Insure-All today at (888)411-AUTO for a free quote and to get started!