{"id":125,"date":"2021-05-02T18:37:48","date_gmt":"2021-05-02T18:37:48","guid":{"rendered":"https:\/\/kontta.com\/?page_id=125"},"modified":"2021-05-26T14:42:04","modified_gmt":"2021-05-26T18:42:04","slug":"life-insurance","status":"publish","type":"page","link":"https:\/\/saversquote.com\/?page_id=125","title":{"rendered":"LIFE INSURANCE"},"content":{"rendered":"\t\t
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Life Insurance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Buying life insurance is important, and we\u2019re here for you every step of the way. Learn what to keep in mind when purchasing coverage to protect your family.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Life insurance provides financial protection for your loved ones through a tax-free lump sum of money, called the death benefit, paid to your designated beneficiary when you die.<\/p>

You can customize your policy to fit your family\u2019s needs by choosing the type of policy you buy, the number of years you want it to last, your coverage amount, and which company you\u2019d like a policy with. If you die while your life insurance policy is active, your beneficiaries can file a claim and the death benefit will be paid out to them.<\/p>

Life insurance coverage offers affordable financial protection\u2014and invaluable peace of mind\u2014if your family members rely on you. The death benefit can be used to pay for expenses like a mortgage, utility and grocery bills, children’s college costs, final funeral arrangements, long-term care, and more.<\/p>

Learning about life insurance can be overwhelming\u2014but Savers Quote Insurance is here to help.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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What are the types of life insurance?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tWhen shopping for life insurance, most people decide between two types of policies:
Term life and whole life.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Term Life Insurance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Is the most common type; it expires after a set period of time (the term), providing protection when you need it and ending when you\u2019ve paid off your major financial obligations like a mortgage, college tuition, and raising kids.<\/p>

Term life is popular because it\u2019s straightforward and much cheaper than other types.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Whole Life Insurance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\tIs a type of permanent life insurance. That means it doesn\u2019t expire; it also has a cash value component, which acts similarly to an investment account that you can borrow from.

\n\nHowever, this component comes at a cost and a whole life policy is substantially more expensive than term life. This can be helpful for some complex financial situations, but most people won\u2019t benefit from the extra cost.

\n\nOther types of permanent life insurance include:

\n\nFinal expense life insurance
\nUniversal life insurance
\nVariable life insurance

\nThe type of coverage is a major factor in determining how much your policy costs, how long it lasts, and which company you should go with, so it\u2019s important to understand which is right for you and your family.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Get Quote!<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Do you need help or a quote for our services? Complete the following form, and one of our agents will follow up on your request.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

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