Life Insurance Quote
Why have life insurance?
If you have a family, a good life insurance policy will help provide the comfort of financial help during a time of loss. If correctly instated, life insurance can help cover all funeral costs, unforeseen expenses or debts. At LongIslandInsurance.net we strive to help you determine which type of life insurance would be best suited for you. We want you to be certain that you have made the best choice for your loved ones.
Different types of Life Insurance:
- Term Life Insurance – this is life insurance which provides the individual coverage for a fixed number of years. This policy does not usually accrue additional values that the owner can withdraw or that increase the death benefit.
- Permanent Life Insurance – this is life insurance which provides continuing coverage for the individual’s entire life instead of a set number of years. This type of life insurance may accumulate values that the owner can remove or use to increase the death benefit.
- Universal Life Insurance – this is life insurance which is intended to provide permanent insurance coverage but has more flexibility in the premium payment. The internal rate of return is higher or lower depending on the financial market.