Life insurance polices are available in two types: Whole life or term life insurance. Your needs will depend on the type of policy you wish to purchase. Life insurance gives your family peace of mind when they need it most.
Whole Life Insurance
No one wants to leave their family with a financial burden. Whole life insurance offers comfort to your loved ones to help cover final expenses after you’re gone.
As long as premiums are paid, the policy is good for the insured’s entire lifetime. Rates are normally locked in and won’t increase as you age or even if your health status changes. Give yourself and your loved ones peace of mind with a whole life insurance policy.
Ready to get started? Get a free quote to see how affordable a whole life insurance plan can be.
Term Life Insurance
Term life insurance is coverage for a limited period of time, or the relevant “term” of the policy purchased. Premiums are paid on a monthly or annual basis during which time your family has financial protection during the selected time frame.
Term life insurance can be used for:
- Providing for a Family’s Loss of Income
- Coverage for Short-Term Debts and Needs
- Additional Insurance While Children Still Live at Home
- Longer Term Protection Until Your Mortgage is Paid Off
- Longer Term Protection to Help Pay for College
Midwest Regional Agency can help you find term life insurance that fits your needs, time frame and budget. See us today for a policy that will work for you and your family.