Life Insurance in Dripping Springs, Tx
Want to buy life insurance but aren't sure which plan you should choose? Contact our life insurance specialists in Dripping Springs now. We provide life insurance professionals to help find the best life insurance option for your unique situation. Add a little additional stability to your future by calling us now.
What is Life Insurance?
Life insurance is an agreement between an insurance company and a customer which outlines each party’s obligation to one another. The company agrees to pay a lump sum to a designated beneficiary in the event of the policyholder's death in return for scheduled payments, or premium.
What is the difference between term, whole & universal life insurance?
Term life insurance means the owner of the policy is only required to pay for a specified amount of time and the benefits last for a certain times.
Conversely, universal and whole life insurance are both guaranteed for the owner's entire life. If correctly set up, whole or universal life insurance plans provide easy access to funds, while providing tax-advantaged wealth growth.
You will find benefits to whole, universal, and term life insurance. Speak with one of our licensed Dripping Springs life insurance professionals to learn more about universal, whole, and term life insurance and discover the best solution 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 unique circumstances. The most important thing to consider is selecting a professional financial professional who will consider each case individually.
Who Needs Life Insurance?
All adults, no matter how old they are, have a need for life insurance.
Why Should Everyone Buy Life Insurance?
- Remove the responsibility of paying for funeral costs from your family.
- To pay for the cost of living, such as school fees, food, and bill payments.
- To pay off debts that have been left behind, including mortgages.
These are just some of the reasons why you should buy life insurance. Contact a REAP Financial life insurance professional now to find out more about your options.