Is your family protected in the event of your death? With life insurance, you can rest assured knowing that your family will never need to worry about things like unpaid medical bills, funeral and burial expenses, mortgages or other debts. Because there are several types of life insurance, choosing the right policy can be difficult.
At West Florida Insurance, we offer a variety of policies forlife insurance in Sarasota , and we can help you choose the one that is best suited to your family.
If you’re looking for the most affordable option, term life insurance may be the way to go. Term life insurance provides coverage for a limited number of years. If you live beyond the term of the policy, the policy expires with no cash value.
Universal life insurance is a flexible option that allows you to choose when and how much you pay on your premium payments. If you pay more, you’ll need to make fewer payments. Your payments cover the cost of the insurance as well as the investment portion of the policy. The investment portion has an interest that can fluctuate.
As the name suggests, whole life insurance provides coverage for your entire life. As long as you pay your premiums, you are covered from the date of policy issue through the rest of your life. The premiums are established when the policy is issue, and they remain fixed throughout your life.
Unlike other types of life insurance, whole live insurance builds value over time. This cash can be used for things like sending a child to college or paying off a mortgage. If you ever choose the cancel the policy, you will receive the cash surrender value.
Don’t risk living another day without life insurance. At West Florida Insurance, we are proud to help our clients find life insurance in Sarasota that is perfectly suited to their needs. To request a quote or to learn more about the various types of life insurance, contact us now.