Life Insurance in Austin, Tx
Our team of life insurance specialists in Austin can help you through the challenging process of selecting your life insurance policy. By reviewing your unique situation, we will help you select the best option for you. Contact us today to take steps towards a more secure future.
About Life Insurance
Life insurance creates an agreement between an insurance company and a customer. The policyholder pays a certain amount of money at regular intervals, which is called a "premium". In return, the company will pay a lump sum to a designated beneficiary under certain circumstances (usually the policyholder's death).
What is the difference between universal, whole & term life insurance?
Term life insurance is linked to a specified time period, relating to both the premium payments and the payout.
Conversely, universal and whole life insurance are both guaranteed for the entire duration of the owner's life. These types of life insurance also allow for easy access to funds and provide tax-advantaged wealth growth.
Each form of life insurance has benefits. Speak with our licensed Austin life insurance professionals to learn more about universal, term, and whole life insurance and discover the best solution for you.
What are the financial benefits of owning a life insurance policy as opposed to investing in other ways?
Each type of investment plan has its pros and cons depending on each client’s individual background. If you want to make the right choice, you should find an experienced financial professional.
Who Needs Life Insurance?
Everyone. Life insurance is a product that provides peace of mind to people at any stage of life.
Why Should Everyone Buy Life Insurance?
- Remove the responsibility of paying for funeral costs from your family.
- To cover living expenses, such as school fees, food, and bill payments.
- Paying off mortgages and other debts.
These only represent a few of the reasons why you should buy life insurance. Learn more about your options by contacting a life insurance professional from REAP Financial.