Visage

Life Insurance

Understanding the Basics

Life insurance is a type of insurance policy that pays out a sum of money to a designated beneficiary upon the death of the policyholder. The purpose of life insurance is to provide financial protection for the policyholder's loved ones in the event of their death so that they can continue to live comfortably and maintain their standard of living.

Types of Life Insurance

There are two main types of life insurance: term life insurance and permanent life insurance. Term life insurance provides coverage for a specific period of time, such as 10, 20, or 30 years. If the policyholder dies during the policy's term, the beneficiary will receive the death benefit. However, if the policyholder does not die during the policy's term, the policy will expire, and the beneficiary will not receive any benefits.Permanent life insurance, also known as whole life insurance or universal life insurance, provides coverage for the policyholder's entire life. Permanent life insurance policies also have a savings component, which allows the policyholder to accumulate a cash value that can be borrowed against or withdrawn during their lifetime.

Consider Your Financial Goals

When shopping for life insurance, it is important to consider your financial needs and goals, as well as your budget. You will need to decide how much coverage you need and for how long, and you will need to compare the different types of policies available to determine the best fit for you.

It is also important to carefully review the terms and conditions of the policy, including the exclusions and limitations, to ensure that you understand exactly what is and is not covered. You should also consider the financial stability and ratings of the insurance company offering the policy, as you want to be sure that they will be able to pay out the death benefit if and when needed.

Life insurance can provide peace of mind and financial security for you and your loved ones. By carefully evaluating your needs and options, you can find a policy that meets your unique needs and helps protect your family's future.

Need Help Deciding your Coverage?

If you are interested in learning more about your options for Life insurance coverage, our well-trained agents are ready to answer your questions and develop a plan that fit your needs and budget.

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OPENING HOURS

Mon–Fri

8:00am–7:00pm

Saturday

9:00am–5:00pm

Sunday

9:00am–3:00pm

WHAT TO EXPECT

We help you decide on the right policy for you and your family.

We make sure you receive your insurance card and benefits.

We follow up throughout the year to compare what coverage is available to ensure you stay in the best policy for your needs.

APPOINTMENTS

The first step towards Medicare enrollment is to schedule an appointment. Please contact our office by phone or complete the appointment request form.