Let’s Explore Your Life Insurance Options
We’d be happy to schedule a consultation where we can sit down and thoroughly explore exactly what you want from a life insurance policy. We’ll discuss your options, including:
Term Life Insurance
This is the most popular life insurance option. It often fits the exact needs of families with young children. Term life insurance policies provide coverage over a specified time period – term lengths generally vary from 10 – 30 years.
If the policyholder prematurely passes during the policy’s term, the beneficiary will receive the death benefit (payout). If the policyholder remains alive at the end of the term, no payout is made.
Term life insurance offers affordable premiums and a death benefit that will ensure financial support for your dependents.
Whole Life Insurance
Also known as permanent life insurance, we’ll explore several types of whole life insurance policies for you to choose from. There are a few essential benefits that differentiate whole life insurance policies from term; including:
As long as the premiums are paid, whole life insurance policies offer lifelong coverage that guarantees a death benefit is paid out to the beneficiary when the policyholder passes.
Whole life policies also have a guaranteed cash value; which means the policy can be borrowed against or even surrendered in exchange for cash.
Universal Life Insurance
Through carriers like Erie, you can obtain a universal life insurance policy. Universal life insurance is a permanent policy that offers a savings/investment element. If you’re saving for college, planning your estate or business, or trying to save additional retirement funds, a universal life policy could be perfect for you. Give us a call to learn more about the flexibility and benefits of universal life coverage.
Let’s discuss your life insurance options and get you a personalized quote – contact us!
Contact Karweik Insurance
Use our online contact form to get in touch with our insurance agents. We’d be happy to answer your questions or to setup a consultation.