Incorporating Life Insurance Into Your Lifestyle

Life Insurance is not only for new parents or the wealthy. Life Insurance offers many products that could fit into and help support your lifestyle.

If you’re sure you want life insurance, but aren’t sure you can afford it, a term life insurance policy may be a great option. Term life is affordable and your premium payments remain the same for the amount of time that works best for you, such as 10 or 20 years. This way, you decide how long your loved ones need financial protection. And if those needs change, many term policies have the option to convert to a permanent life insurance policy.

What are some of the features?

Death Benefit-In the event of your passing, your beneficiaries will receive a lump-sum payment to help cover things like college tuition, income gaps, or paying off the mortgage.

Affordable Coverage-With term life, you can get the coverage you want at the price you can afford. Most term policies have level premiums that are guaranteed for a specific period of time (usually 10 or 20 years). After this, premiums generally increase significantly.

Convertible-You can convert many term life insurance policies to permanent life insurance without any medical questions or exams.1 Converting also allows you access to different types of life insurance that offer financial benefits such as protection for life and cash value.

Would you like to learn more about a Term Life Insurance policy? Chick HERE to book your consultation.

This article is brought to you by our carrier partner, Mass Mutual.

Data Source

3 views0 comments

(855) 937-3882

144 Bellamy Place
Stockbridge, Georgia 30281

©2020 by Genesis Asset Mgmt Strategies Group.