What will your family do if you are no longer able to provide for them? It’s a question everyone hopes they’ll never have to answer, but at Mast & Garrison Inc, we can put your mind at ease. We’ll shop multiple life insurance policies to find the one that gives you affordable coverage and peace of mind.
Life insurance is sold in two different types of policies: term and permanent. Term life insurance is a low-cost way to provide your family with the maximum amount of coverage. This type of coverage is only provided for a limited number of years, expiring without any value if the person insured lives past the policy period which is usually anywhere from 5 to 20 years. The premiums for this type of life insurance will not increase during the term.
Permanent life insurance provides coverage for your whole life, or the time you start your policy until you are deceased. This insurance builds a cash value over time and can be a source for living benefits such as paying off mortgages or education. Premiums are set at the time the policy is issued and generally do not change.
Life insurance is a good option to have for yourself and your family during this constantly changing world. This tool is designed to protect yourself and your loved ones from expenses and life crisis’s. People often find themselves overwhelmed when they receive life insurance quotes. Our insurance professionals will help create a quote for you that you feel comfortable with.
Whether you have short or long term needs, are focused on death protection services or building cash values, we can help you find a policy that will best serve you and your family. Contact us today for more information on life insurance policies in the Burlington, NC area.
- Payouts-
These payouts aren’t considered income, meaning your beneficiaries don’t have to report the money when they file their taxes.
- Peace of Mind-
If you have a good policy, it will help your dependents with their living expenses after you pass, giving them, and you, peace of mind.
- Final Expenses-
Having to pay for a funeral can be a substantial financial burden for most families. Life insurance policies can help.
- Retirement-
Some policies can supplement your retirement savings.
Life insurance is not only for the wealthy. Everyone should purchase it as it can ensure that your loved ones could make ends meet if you were to pass away. In most cases, life insurance is more affordable than you think! Contact us today.