Protecting your family’s future begins with life insurance. This is the most important thing you can do to protect you family and loved ones. Regardless of how old you are we have life insurance solutions that are affordable. We can help determine how much coverage your family would need to maintain the current lifestyle and replace the income lost. We offer Term, Whole and Universal life insurance options that can be customized for each individual.
Life Insurance Is Affordable
There is a common misconception that life insurance is extremely expensive and unaffordable, especially if you are older. That is not necessarily the case. We provide affordable life insurance policies from our St. Petersburg office. Regardless of how old you are or what your current health is like, you should call 1-727-497-7701 and get a life insurance quote.
There are several types of life insurance policies and the one that is right for you will be based on several factors, including your age, your monthly budget, and what your family needs financially. a Suncoast Insurance agent can make a personalized recommendation after discussing you and your family’s needs.
Term Life Insurance
For an affordable life insurance policy, you should consider a term life policy. This is the type of insurance policy that has an expiration date. For example, you could purchase a $250,000 policy that is good for 20 years. If you died during that timeframe, your heirs would benefit from your policy. However, once it has expired, you will be left without insurance. This is why many people will layer policies, getting a term life policy they can afford today and augmenting it with a whole life policy later.
Term Life That Decreases
Another type of term life policy is one where the coverage is set, but the premiums go down over time. There is no cash value to a decreasing term life policy, but it will provide set coverage for a specific period of time.
You can have a life insurance policy that generates cash value. As you pay on a monthly basis, you accumulate more cash value that can be used while you are still alive. This is not a savings account that you can withdraw from permanently, but funds you can use to make an emergency purchase, pay for medical bills, etc. With a whole life policy, you have a safety net that can help you while you are living, while still providing financial security for your family upon your death.
A Suncoast Insurance agent will make it as easy as possible for you to receive a life insurance policy that is affordable yet still provides the coverage your family needs. Since there is no way to prevent an accident or health problem, the best way to keep your family financially secure is to purchase life insurance. To get started, call 1-727-497-7701.