Unfortunately, too many individuals don’t think about life insurance, until it’s too late. Dealing with the death of a family member or loved one is hard enough. Don’t make matters worse by not leaving your family with enough money to cover your expenses or to maintain financial obligations after your passing. Of course death isn’t a preferred topic of discussion, it is one that is necessary, especially if you want to protect what matters most. After discussing the topic of life insurance with your family and/ or a spouse, you next step should be to contact a reputable life insurance company in Monroe.
Life insurance is one of the most important personal financial decisions one can make in his or her lifetime, and one that also impacts directly impacts his or her family. To learn more about why you need life insurance or to speak with a licensed life insurance agent about your options, contact American Insure-All®.
The two most popular categories of life insurance are term insurance and permanent insurance. So how do you know which one is right for you? Term life insurance provides short-term protection and coverage for a specific amount of time. This type of life insurance can be useful for families who need income while recovering from an accident, short-term illness, or even while a spouse or loved one looks for work.
On the other hand, permanent life insurance provides protection and coverage for life. This type of life insurance will provide a family or individual with income on a monthly basis, as long as there aren’t any withdrawals against the policy and the premium payments are up to date. This life insurance policy type is often for individuals who have lost a spouse and need to make up his or her income in order to maintain financial obligations.
For more information on life insurance, contact your local life insurance company in Monroe. Call American Insure-All® today at (888)411-AUTO for a free quote and to get started!