Life Insurance in Lakeway, Tx
Our life insurance specialists are the answer you're looking for if you need life insurance in Lakeway. In order to choose the option that will work best for you, we'll take your specific situation into consideration. Add a little additional stability to your future by calling us today.
What's Life Insurance?
In a life insurance policy, an agreement is made between a customer and an insurance agency. The customer agrees to pay a specified amount, or “premium”, on a regular basis, and in return the company agrees to pay a lump sum to the designated beneficiary under certain circumstances (generally at the policy owner’s time of death).
Term, Whole & Universal Life Insurance
Term life insurance means the owner of the policy is only required to pay for a specified time frame, and the benefit to your heirs only lasts for a certain time.
Universal and whole life insurance are both permanent, guaranteed for the entire duration of the owner’s life. If set up correctly, universal and whole life insurance plans can provide simple access to needed funds, while providing tax-advantaged growth of wealth.
All kinds of life insurance have benefits. Call one of our Lakeway insurance professionals to learn which life insurance solution is best for you.
How does life insurance compare to other investment options?
Depending on our unique circumstance, there will be pros and cons to every investment program. If you want to make the correct choice, you should select an experienced financial professional.
Who Needs Life Insurance?
Every adult, no matter what age, has a need for life insurance.
Why Should You Buy Life Insurance?
- Provide the means for your family to pay for funeral expenses.
- To pay for college tuition, bill payments, groceries, and other costs of living.
- Paying off mortgages and other outstanding debts.
These three reasons are only the beginning. Learn more about your options by talking to a life insurance professional from REAP Financial.