HIS Insurance And Service and Life Insurance
Regardless of your age, life insurance is an effective way to keep your family safe. Sometimes the unthinkable happens and you’ll need to be capable of helping your loved ones with extra resources if it does. Talk to HIS Insurance And Service to learn more about our life insurance services.
What’s Life Insurance?
Life insurance is a contract between a policyholder and an insurance company. The customer submits a specified payment, referred to as a “premium”, more often, and in return, the insurance company pays a lump amount to the policy holder’s beneficiaries under certain conditions most often at the time of the policy owner’s death.
What is the Difference Between Term, Whole and Universal Life Insurance?
Prior to signing up for life insurance, consider the differences between term, whole and universal policies. Each form of insurance is designed to assist policy holders in different situations of life. Talk to your HIS Insurance agent about the differences today. Term life insurance is temporary and only requires payment for a specific period of time to benefit your heirs for an established period of time. Conversely, whole and universal life insurance policies are more stable. They last the duration of the policy owner’s life and provide perks like simple access to savings, cash value and tax-advantage expansion to add to your wealth.
There are advantages and disadvantages to each type of policy type. The specialists from HIS Insurance And Service near Reston, Virginia can help you figure out which type of life insurance is best for you.
Advantages of Life Insurance
Your preferences will dictate the best life insurance policy for you and your loved ones. Our insurance specialists will help you choose the best life insurance plan to meet your needs during the next few decades.
Why Should You Purchase Life Insurance?
- Afford funeral arrangements without draining your loved ones resources.
- Afford the cost of children still living with your family
- Settle remaining debts and finish off expenses such as loans and mortgages
If you would like to learn more details related to life insurance and how it can protect your family, reach out to HIS Insurance And Service near Reston, VA now.