Learn What Your Options Are for Life Insurance in Burleson TX
Choosing the best life insurance in Burleson TX is a process. The first step of that process is working with an experienced insurance broker who can help you find the best coverage. When you work with Grandview Insurance Agency, you can expect honest answers and the full story. We will cover the pros and cons of certain types of coverage and our only goal is to find you the best policy for your specific needs. Call us now at (817) 866-3337 to get started.
The Importance of Life Insurance in Burleson TX
The reality is that not everyone needs life insurance in Burleson TX. If you are a single 25-year-old with no major debts or dependents, then there is probably not a reason for you to have coverage. If you are married with kids, a mortgage, and auto loans, then you do want life insurance. Why? Because it helps your loved ones maintain their current state of living if you are gone, it helps pay for funeral and end of life costs, and gives you the peace of mind that they are taken care of.
Choosing Between Term Life Insurance and Permanent Life Insurance in Burleson TX
There are two main types of life insurance in Burleson TX: term life insurance and permanent life insurance. Term life insurance refers to insurance that lasts for a specific amount of time, which is called the term. For example, term life insurance might be for 25 years. As the name implies, permanent life insurance lasts either for the life of the insured or, in some cases, until they turn 65 years old.
Which Type of Permanent Life Insurance is Right for You?
If you decide that you need permanent life insurance, there are two main options:
- Whole life insurance. You pay a set premium and the policy is valid as long as you continue to pay that premium. Some whole life insurance policies build up case value that you can get from the policy if you surrender it.
- Universal life insurance. You have investment options with this one, and your premiums are adjusted based on the cash value, investments, and amount you have borrowed from the policy.
If you have questions about permeant or term life insurance in Burleson TX, or about other types of coverage such as auto, mobile home, homeowners, car insurance, contact Grandview Insurance Agency at (817) 866-3337 for all the help you need.