When it comes to buying life insurance for yourself and your loved ones, it’s important that you educate yourself first. There are two main types of life insurance products to consider: term life insurance and permanent life insurance. Term life insurance is perfect for you if you have a family that you would like to cover for a specific amount of time. You can also benefit from term life insurance if you want to pay a lower premium for higher coverage amounts. Since this type of coverage expires after the agreed upon time frame, the policy will need to be renewed or converted to a new policy. In some cases, a medical examination may be required to renew the policy.
Follow freedom life insurance on facebook.
Permanent life insurance covers you until you die, no matter how old you are. The financial benefit of permanent life insurance is that it acts as a way to increase your savings as you pay into the policy. You can borrow against the policy, or it can be used to pay the life insurance premium if necessary. Another benefit is that the premium payments are tax deferred. Permanent life insurance is a great product to add to and diversify your financial portfolio. The premiums will remain the same for the entire life of the policy.
Freedom Life Insurance of America, underwriters for the US Health Group, offer excellent life insurance products that will secure you and your family’s future. When it comes to term life insurance, Freedom Life Insurance provides a ten-year renewable policy with affordable premiums for everyone. Freedom Life Insurance will help you sleep at night knowing that you are covered for the future with their comprehensive LifeProtector term insurance product. Not only is it economical, but the benefits are not taxable to your beneficiaries. You can be confident that you are being covered by a company that is solid, caring and experienced in the life insurance industry.
For more information about Life Insurance benefit, click here:https://www.ehealthinsurance.com/ehealthinsurance/benefits/ifp/IHC-MultiState/IHC-MultiState-FreedomChoice-BR-0811.pdf