Life insurance protects you from the unfortunate event of your death. You pay what’s called a premium in exchange for peace of mind, knowing that your insurer will take care of your loved ones after you die.
Lasts for a specific amount of time, usually 10, 20, or 30 years.
Permanent life insurance lasts your entire lifetime.
This type of coverage pays off your house if you still owe money on your mortgage, protecting your family still at home in the event of your death.
Life insurance is intended to help your loved ones or business partners financially after you die. Your designees are the people you want to take care of with the insurance payout. This payout can be used to cover debts or any other expenses.
Insurance Types