subject: September is Life Insurance Awareness Month [print this page] With summer over and school back in session, everyone's busy with family activities and sports.There are some things that can't be ignored regardless of what is going on.The life insurance industry realizes this and has proclaimed September Life Insurance Awareness month.
Here's how most people approach buying life insurance:
It's something they realize they might need, but they don't like thinking about it.So, they buy a policy that fits their budget, stick it in a drawer, and hope they never have to think about it again.
Purchase the right type of policy.Most life insurance policies fall into one of two categories.
Term Life Insurance is a temporary policy that only protects your family for a set number of years.If the policy expires before you do, your family receives nothing upon your death.Term insurance is a popular choice for young families because it can offer a substantial death benefit at an inexpensive cost.
Cash-value life insurance, also called permanent insurance, protects your family throughout your lifetime, as long as premiums are kept current.When you buy a permanent life insurance policy, it has the potential to accumulate cash value on a tax-deferred basis.Generally if you keep the policy 15 years or longer you'll get all your money back, plus a bank type return.And, you may be able to withdraw any cash value up to the amount of premiums paid, without incurring any income tax liability.
Ourterm insurance policies have special features many competitors may not offer:
30 Day Money Back Guarantee
Add coverage for your spouse or child
Option to convert to a permanent policy even if you become uninsurable
As always, we are here to help.To find out what life policy is right for you and your family just visit us at www.Durandagencies.com!
September is Life Insurance Awareness Month
By: Michael Durand
welcome to Insurances.net (https://www.insurances.net)
