Life Insurance in Austin, Tx
Want to buy life insurance but don't know which plan you should select? Call our life insurance specialists in Austin now. In order to choose the option that works best for you, we will take your specific situation into account. Add some extra security to your future by calling us now.
What's Life Insurance?
Life insurance is an agreement between a customer and an insurance company which outlines the obligations of each party. The customer pays a specified amount of money, or “premium”, on a regular basis, and the company agrees to pay a lump sum to the designated beneficiary under certain circumstances (usually at the policy owner’s time of death).
What is the difference between term, whole & universal life insurance? What are their pros & cons?
Term life insurance is linked to a specified time period, relating to both premium payments and the payout.
Conversely, universal and whole life insurance are both permanent, guaranteed for the duration of the owner's life. These types of life insurance offer easy access to funds and provide tax-advantaged growth of wealth.
There are advantages to each kind of life insurance. Call our life insurance professionals in Austin to learn more about which life insurance solution is best for you.
How does life insurance compare to investing in other ways?
Every investment program has its pros and cons depending on each client’s individual financial circumstance. The most important thing to think about is selecting the correct financial professional who will consider each case individually.
Who Needs Life Insurance?
Every adult, no matter how old, has a need for life insurance.
Why Should You Purchase Life Insurance?
- Provide the means for your family to pay for funeral costs.
- To cover living expenses, such as school fees, groceries, and utility bills.
- To pay off mortgages and other outstanding debts.
These three reasons are just the beginning. Learn more by talking to a life insurance professional at REAP Financial.