If you are concerned about your loved ones having what’s needed in the event of your death, you need to consider the various types of life insurance. Finding the right life insurance coverage for you can be tough, so to help, let’s review your options, so you understand what’s included with each one.

Term Life Insurance

With term life, you get an insurance policy with level premiums over a specified time. You can choose plans for ten, twenty and thirty years. When the period is over, the premiums will naturally increase, but coverage continues as long as you make payments. You might consider this option if you are on a budget and want fewer expenses over time.

With a short-term policy, you will pay a lower premium, but it will become more expensive as you age.

Whole Life Insurance

Whole life insurance is considered a permanent option. It insures you throughout your entire life or until the policy becomes mature. The premiums remain level for as long as you keep paying on the policy. Over time, your policy might even accumulate a cash value that you can use while you are alive.

Universal Life Insurance

Just like whole life insurance, universal life is considered a permanent option that also accumulates a cash value. This choice has more flexibility and can be tailored to meet your priorities. Choose from a flexible premium or varying face amounts.

What Life Insurance Do You Need?

There’s no one-size-fits-all when it comes to life insurance. Sam Sam the Insurance Man is an expert in the field and can help you find the best life insurance policies in San Clemente and Corona, CA. Discuss your needs with our professional team to find life Insurance coverage near Lake Forest, CA. We have the policies that make sense for your family and can help provide you with peace of mind today, so contact us today!