Senior Life Insurance

Reap Financial and Life Insurance

Whatever your age, life insurance is an effective way to keep your family safe. Occasionally tragedy strikes and you should be able to help your family with extra resources if it does. Call Reap Financial to learn more about our life insurance products.

What Does Life Insurance Do?

Life insurance is an agreement connecting a policy holder and an insurance provider. The client gives an agreed upon amount, also called a "premium", commonly, and in return the company gives a lump amount to the policy holder's beneficiary under certain conditions most often after the policy owner dies.

What is the Difference Between Term, Whole and Universal Life Insurance?

Before you buy life insurance, learn the differences between term, whole and universal policies. It's important to have the right information about term and whole life insurance.

Term life insurance is short-term and only needs to be paid for a specific amount of time to help your survivors for an established amount of time. On the other hand, whole and universal life insurance plans are more stable. They endure the duration of the policy owner's life and provide advantages like easy access to funds, cash value and tax-advantage expansion to add to your wealth.

There are perks and downfalls to every kind of life insurance policy. Contact any of our insurance professionals near Georgetown to see which life insurance policy is best for you.

Life Insurance Financial Benefits

Every retirement planning program has its advantages and disadvantages depending on every client's particular history. The ability to decipher which plan fits your situation is best left to a specialist.

Do I Need Life Insurance?

  • Your family can fund funeral arrangements without expense to themselves.
  • Covers any living children or dependents at home.
  • Complete remaining debts and finish off items like mortgages.

If you want to learn more information concerning life insurance and how it can protect your family, contact Reap Financial of Georgetown soon.