Let Us Help You Find the Right Policy for Life Insurance in Fort Worth TX
It can be quite a process to find the right life insurance in Fort Worth TX – but it doesn’t have to be. In fact, it can be quite simple: call Grandview Insurance Agency at (817) 866-3337. We can help you understand the various types of coverage, the pros and cons of each, and which one will work best for your needs. Now is the best time to call us and find out more about how we can get you covered quickly.
Do You Really Need Life Insurance in Fort Worth TX?
Before deciding what type of life insurance in Fort Worth TX would be best for your needs, you will first need to decide if you need it at all. Ask yourself this: what would happen to your family if your income was gone tomorrow? Do you have enough in savings to pay for funeral and medical costs associated with the end of life? Could your loved ones continue living in their current lifestyle if they suddenly lost you? If you cannot say yes to all of these questions then you likely need life insurance.
Choosing Between Term Life Insurance and Permanent Life Insurance in Fort Worth TX
There are two main types of life insurance in Fort Worth 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.
Choose Whichever Type of Permanent Life Insurance Works for You
There is no cookie-cutter answer to what type of life insurance in Fort Worth TX is going to work best for you. There are two main categories and when you work with Grandview Insurance Agency, we can go over all the options so that you are able to make the most informed decision.
- Whole life insurance has a set premium and it is valid just as long you as continue paying your premiums. Depending on the policy, it might build up cash value and you might get that money back if you surrender the policy.
- Universal life insurance is a type of permanent life insurance with investment options. Your premiums would be adjusted as time goes on, based on your investments, cash values, and whether or not you have borrowed from your policy.
To get started finding the right way forward, contact Grandview Insurance Agency at (817) 866-3337 right away.