Choosing the right life insurance policy starts with understanding your needs and knowing the differences between the types of policies available: term life, universal life, and variable life. Once you do, you can choose the best option for your family.
Life insurance provides financial protection for your family in the event of your passing. Your beneficiaries will receive money to use as they see fit, ensuring security in a difficult time.
Anytime is a good time, but these life events are especially important.
Life insurance options at a Flippingfinacial:
Term life insurance
Affordable coverage to meet your temporary needs. You’ll receive a guaranteed death benefit for the term you choose, and your payments are guaranteed to remain level for the length of the term.
Whole life insurance
Gives you level premiums, strong guarantees, and valuable protection. It can also build cash value, which you can access through loans.
Fixed annuities/fixed income
With a Single Premium Deferred Annuity (SPDA) or Fixed Indexed Annuity (FIA), you make just one lump-sum premium payment in exchange for a guaranteed stream of income for your retirement years.