Lakeway, Tx Life Insurance
Want to buy life insurance but don't know which plan you should select? Call our life insurance specialists in Lakeway now. By reviewing your unique situation, we will help you with selecting the best option for you. Secure your financial future. Call us today.
What is Life Insurance?
Life insurance is a contract between an insurance agency and a customer which outlines the obligations of each party. The customer pays a certain amount 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 term, whole & universal life insurance? What are the pros & cons of each?
Term life insurance relates to a specified time period, relating to both premium payments and the payout.
Universal and whole life insurance are both guaranteed for the duration of the owner's life. These types of life insurance also allow for easy access to funds and provide tax-advantaged wealth growth.
There are benefits to whole, universal, and term life insurance. To learn which life insurance solution will work for you, talk to our Lakeway insurance professionals.
How does life insurance compare to other investment options?
The pluses and minuses of each investment plan will be unique to you, depending on your financial circumstance. This is why selecting an experienced financial professional is a necessity.
Who Needs Life Insurance?
The answer is simple: Everyone needs life insurance.
Why Should Everyone Buy Life Insurance?
- Remove the burden of paying for funeral expenses from your family members.
- To cover the expense of children still living at home.
- Paying off outstanding debts, such as mortgages.
These reasons are just the beginning. Contact a REAP Financial life insurance professional today to learn more.