Yes, I live in Local

What Is Life Insurance?

Are you new to buying life insurance? Learn how it works and what you need to understand to choose your coverage.

A life insurance policy is a contract with an insurance company. In exchange for premiums (payments), the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries in the event of the insured's death.

Typically, life insurance is chosen based on the needs and goals of the owner. Term life insurance generally provides protection for a set period of time, while permanent insurance, such as whole and universal life, provides lifetime coverage. It's important to note that death benefits from all types of life insurance are generally income tax-free.1

Auto Insurance Quote



GET QOUTE

Your Information is secure.

Life Insurance Articles

Life Insurance Policy

Many types of insurance policies are out there for you to pick up the required one. All insurance policies help you to cover emergency big expenses with low payments or will assure an insurance cover for the family in case of an eventuality of accident or death. ..
Read Full Article

What is Investment Life Insurance and Should You Get Investment Life Insurance?

If you have a spouse and children that depend on you, you need to get insurance. There is no question about it. Since they have to get it anyway, ..
Read Full Article

Life Insurance For Your Family Needs

Life insurance is a policy that is mainly beneficial for families. Nearly every insurance company sells this type of insurance policy. It is a policy, which protects an individual's financial condition after his/her demise. The most important part of a life insurance policy is to support the family members after the policy owner expires. ..
Read Full Article

Featured Articles

Auto Insurance - In-Depth Look

Auto insurance is a contract between the customer and the insurance company.
Read More

Going For Home Insurance Services

A house can be considered as an asset. An asset needs to be safeguarded
Read More

Life Insurance Policy

Many types of insurance policies are out there for you to pick up the required one
Read More

Group Health Insurance Vs Individual Health Insurance

If you are a small business US with four to fifty full-time employees,
Read More

Go Compare Auto Insurance , All Rights Reserved

Scroll to Top