Our Philosophy is very simple regarding Life Insurance. If you need it, and most people do, we highly recommend you consider the cheapest form which is “Term Insurance,” and if you want to build additional value, do so, with safe, separate investment vehicles like Mutual Funds” or Bonds.
Life insurance basically comes in two forms: “Term Life,” and “Whole Life.” Term Life basically gives you more coverage at a lower cost. It’s considered a renter policy. It basically comes in terms between 10, 15 and 20 years. For a young family in their 30s, $500,000 of coverage can be had for as low as $50 a month, Talk to one of our representatives today about how we can help you protect your family from an untimely passing.
Check out what Dave Ramsey has to say about Term vs. Whole Life Insurance: What’s the Difference?