Life Insurance

Life Insurance

Call for life quotes:  432-848-3055

There are many types of life insurance, but generally they fall into two categories; term insurance and permanent insurance.

Term Insurance is designed to meet temporary needs. It provides protection for a specific period (the “term”) and generally pays a benefit only if the insured dies during the term. This type of coverage makes sense when you have a need for coverage that will disappear at a specific point in time. For example, a particular debt, such as a mortgage.

Permanent Insurance can provide lifelong protection.  As long as you make the premium payment the full face amount will be paid at the death of the insured (with a few exceptions).

It is impossible to say which type of life insurance is right for you. It depends on your unique circumstances and financial goals.