Understand the basics of Health & Life Insurance
Life insurance provides cash to your family after your death. This cash (known as the death benefit) replaces your income and can help your family meet many important financial needs. No one plans to get sick or hurt, but most people need medical care at some point. Health insurance covers these costs and offers other important benefits.
We are happy to answer any questions you might have. Click for a free no-obligation quote, give us a call, or stop by any time!
Term Life Insurance
The most affordable type of insurance when initially purchased, 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.
Permanent Life Insurance
As long as you pay the premiums, have no loans, withdrawals or surrenders are taken, the full face amount will be paid. Because it is designed to last a lifetime, premiums are higher than Term insurance.
Some key benefits of health insurance are access to a network of doctors and hospitals, and other resources to help you stay healthy. With health insurance, you’ll enjoy: being able to find the help you need close to home, peace of mind and less worry because you know you’re covered and access to affordable care and health information to keep you healthy. Also … It’s the law. The Affordable Care Act requires that most people have health insurance or pay a penalty. If you have a health insurance plan that meets the requirements, you won’t have to pay the penalty.