Term life insurance is the cheapest, simplest type of life insurance. Term life insurance is temporary, meaning that a policy of term life insurance provides coverage for only a certain number of years. (You can choose 10, 15, 20, 25, 30, 35, or 40 years, depending on the life insurance company.) Any life insurance policy that is not a term policy is permanent life insurance. How Term Life Insurance Works Term life insurance includes the attributes common to all life insurance policies. A standard term life insurance policy guarantees fixed premiums. That means that the size of payments made to the life insurance company does not change over time. The policy owner makes payments, all of...
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Family Life Insurance Family Life Insurance Benefits of Life Insurance Coverage for Families Protection: All of your family is going to be protected if you go searching for a household life insurance coverage policy. Savings: Bundle and save. Some life insurance coverage companies offer more aggressive rates for families than the others. Easy Obligations: Instead of getting multiple insurance guidelines with various payment dates, you’ll have one. Family Whole Existence or Family Term Existence: Insurance could be bought for any certain time period or permanently. The Koenig Group in your corner: We now have a b- Rating using the Bbb. Shop with full confidence! Life Insurance Coverage...
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September is Life Insurance Awareness Month. Throughout the month, the team at Lawley will be bringing you important information on different areas of life insurance. Today, we discuss whether term life or whole life insurance may be better for you and help you understand the differences to make a better life insurance choice for your needs. Protection and Peace of Mind Through Life Insurance If others depend on you for financial support, part of your financial plan should include how you will provide for them in the event of your death. Purchasing a life insurance policy is a safety net that ensures your loved one’s future financial obligations are met, covering items such as funeral costs...
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Protecting Your Family – Term Life Insurance Term Life Insurance has never been more affordable and now is the time to protect your family against the devastating loss of a loved one. With a Term Life Insurance policy, you pay a small monthly premium and in return the insurance carrier will pay you a guaranteed death benefit if something should happen to the insured during the policy period. Plans start as little as $14 per month for $50,000 of guaranteed life insurance. Who Should Own Life Insurance? Married Couples and couples who live together or are in a long-term relationship Someone who was recently promoted or changed jobs Life’s Complicated. Protecting Your Loved Ones Shouldn’...
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Supplemental Life Insurance Too many people have life insurance that doesn't provide the support they want their loved ones to have once they're gone. Many more families simply have no basic life coverage of any kind. We believe everyone should have access to affordable coverage. Combined Insurance's Life Products are just that. They are supplemental life insurance protection that is clearly written and easy to understand so you can be sure it's the right plan for you and your family. Ways to Protect You Ways the Combined life insurance supplement will take care of you and your family. FINANCIAL PEACE OF MIND: Benefits that can help your family pay final expenses, mortgage or rent payments...
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Congrats! You’re now responsible for your brand new, very own, very demanding little human. On a pitiful amount of sleep, between listening to Mozart for Babies on loop and wondering if you made the right decision in the cloth vs. disposable debate, you might have neglected a not-so-insignificant component of family life: term life insurance. We’re saying might, but according to several recent studies between 40% and 55% of millennial parents don’t have any life insurance, and millennials represent the biggest chunk—more than 80%—of America’s new parents. It isn’t a lack of concern for your family’s financial future that’s keeping you from selecting a term life insurance option. You’ve got...
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Term Insurance can protect your family—if chosen wisely Congratulations! You have been married within the past few years, you have one or more children, and yet another one on the way. But suddenly, someone in passing put a damper on your happy life. What if something happened to you? Who would pay the mortgage on that beautiful new house? Who would pay to raise the kids, keep clothes on their backs, put money aside for their college education? Would your spouse be plunged into desperate straits, forced to take a job, put the kids in a state supported daycare, driven to apply for food stamps? You have life insurance "on the job," and that's okay as far as it goes. It will usually be equal...
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