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Agent Near You, LLC

Life Insurance

You have ever heard that taxes, rain, and death are certain. And speaking of death, life insurance is a topic that you can’t escape. This insurance coverage protects your financial interests when you are long gone. Unfortunately, most people think that life insurance is complicated and expensive. However, the truth is that finding a life insurance plan that meets your needs isn’t hard— you need to do a bit of homework.

That said, Agent Near You LLC shares a few basics you need to know about life insurance.

Types of life insurance

Life insurance gives you peace of mind by knowing that your financial plans are protected even when you pass away. When shopping for life insurance in Texas, here are the two common types you need to know about.

Term life insurance

It’s the most common life insurance policy because it’s affordable. It works within a set period, 10, 15, 20, or 30 years. The policy becomes active during this period as long as you are paying your premiums. When the term expires, you may renew the policy or let it end.

Whole life insurance

This insurance remains in effect for your whole life as long as you pay your premiums. When you die, your beneficiaries receive a death benefit, which they can use to settle numerous financial obligations. Besides, this insurance policy accumulates a cash value that you can borrow against.

Why must I invest in life insurance?

This is one of the most common questions we receive from our clients. Of course, the answer isn’t cut and dry. To determine whether you need life insurance, we need to understand the circumstances you are in. However, in general, you need life insurance if you:

  • Have debts, including mortgage, student loan, or credit cards
  • Own a business
  • Would like to finance your funeral costs
  • Have dependents
  • Would like peace of mind

Are you looking for an affordable life insurance policy in Texas? Don’t hesitate to get in touch with Agent Near You LLC.

Partner Carriers

  • AIG
  • Allstate
  • american modern
  • Blue Cross Blue Shield- Health Insurance
  • bristol west
  • Burns & Wilcox
  • Chubb
  • fednat
  • foremost
  • geovera
  • hagerty
  • Homeowners of America
  • independent mutual fire
  • infinity
  • Mercury
  • Nationwide Insurance
  • occidental
  • Progressive
  • RT Specialty
  • safeport
  • sure
  • Travelers
  • wilshire