Life Insurance
Chances are, you need life insurance……
It might be a difficult subject but “How will your family manage financially if you die?” It’s an important question and one that you need to plan for NOW…. There are many types of insurance products to choose from….whether it’s term, universal life, return of premium or whole life….life insurance will pay cash to your loved ones after your death. It will help your family stay in their home, pay off loans, cover daily living expenses, or pay for college tuition. And, the death benefit of a life insurance policy is almost never subject to federal income taxes.
At Reitler Insurance Agency, Inc. we have an extensive line of life insurance companies and products to help you find the right protection for your family—within your budget. Our agents can explain the detail of each type of product and help you determine which one best suits your needs.
Determining the right amount of Life Insurance protection your family needs can be difficult. This worksheet can be used as a guide in determining the right amount of coverage for you and your family. http://www.lifehappens.org/life-insurance/life-calculator
To discuss life insurance quotes, please contact us toll free at 866-415-1255 or submit an on-line request.
LIFE INSURANCE 101:
The two basic categories for life insurance are:
Term Insurance
Term insurance is the most affordable type of insurance when initially purchased. This protection is designed to meet temporary needs. It provides protection for a specific period of time (the "term") and generally pays a benefit only if you die during the term. This type of insurance often makes sense when you have a need for coverage that will disappear at a specific point in time. For instance, you may decide that you only need coverage until your children graduate from college or a particular debt is paid off, such as your mortgage.
Permanent Insurance
Permanent insurance by contrast provides lifelong protection. As long as you pay the premiums, and no loans, withdrawals or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, permanent life insurance accumulates cash value and is priced for you to keep over a long period of time.
For more information about life insurance visit http://www.lifehappens.org/
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