Protecting your family is your main priority and life insurance is one way to do that. It can give you reassurance that your children will be protected should one or both spouses pass away. The main question that most people have is would your family be able to pay for the funeral and final expenses. Would your children be able to go to college? For the charities that you support, can you designate funds for them from the policy? Life insurance policies can do more than you think. Our agents at Curtis Miller Insurance work with people throughout the Parkersburg, WV area to discuss how life insurance can protect their family.
Determining the amount and type of coverage will take some thought but your agent will be able to help. Considering inflation and estate taxes can help with your decision. There are two forms of life insurance: term life and whole life. Both are beneficial depending on how you want to use it. Term policies are for a set period of time. While they can be renewed and are cost-effective, they do not build cash value over time. Each time the policy is renewed, it will be more expensive.
Whole life policies, on the other hand, remain in place throughout the lifetime of the policyholder. While they have higher premiums than term policies, they do build cash value. This means that if you need to, you can borrow against the policy.
Our agents at Curtis Miller Insurance can help you with your options. We know that choosing a life insurance policy comes with many questions so we’re here to help! In the Parkersburg, WV area, we’re conveniently located. Come by and talk with an agent today! Family is important. Take the first steps to protect their future.