Term life insurance provides coverage for a specified time, a term– usually 10, 20 or 30 years. It’s available to make sure that your family’s individual needs are met after you pass away– whether it helps pay for student debt, or functions as an income replacement. Term life policies are very affordable and a great option if you are healthy and younger.
We have many great policies and company products that even offer Living Benefits and Accelerated Benefit Rider… Learn More Here.
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Permanent or whole life insurance policies include the same benefits as term life policies, but there’s no expiration date on the policy. These products have many great qualities, whether they function as a retirement supplement for when you’re older, for estate planning, or to cover final expenses, they are guaranteed to financially cover you and your affairs regardless of the time on your policy. With permanent life insurance, your family is guaranteed to receive the financial death benefits included within your policy. And incredibly, these policies can sometimes help you pay for financial expenses while you’re still alive – meaning you can access your funds after a number of years. The beneficiary of these funds can also use them to keep your business affairs in order after you pass. Consider these policies if you are financially secure and are interested in accumulating more savings and increasing your wealth.
Bridge City is here to help you determine which life insurance products are right for you. We have many policies that offer Long Term Care Riders, Children Riders, Cash Value, Dividends and much more… Learn More Here