With Life Insurance by Monique Navarro, you receive individualized life insurance protection for whatever life stage you’re in. We can help you find low cost life insurance whether you are just starting out on your own, beginning a family, or nearing retirement.
When you contact our office, we’ll help you get a life insurance policy that fits your specific needs. Life Insurance by Monique Navarro is independently owned and operated, so you get direct assistance from a local broker you can trust. We’re licensed, bonded, and insured. Call us today and let our well-established, reputable insurance company help you pick a life insurance policy.
You have several options when it comes to choosing life insurance providers in Alvarado. When you work with Life Insurance by Monique Navaro, you will get help with understanding the different types of life insurance.
There are two main categories of life insurance–term life and whole life. To choose the right coverage, you will need to consider your situation and financial goals.
Term life insurance in Alvarado protects your family at a low monthly rate. There are plans available in five-year increments. You can purchase a plan that’s anywhere from five to 30 years in length. The intent of this policy is to provide financial relief to your family if you pass away unexpectedly. While these policies don’t have a payout at the completion of the terms, they are the more affordable type of life insurance.
There are several different types of permanent life insurance policies for you to choose from. Each policy has different coverages and costs. These policies may also require you to undergo a medical exam or answer a health questionnaire.
Whole life insurance in Alvarado lasts for your entire life and builds cash value as it ages. As the policyholder, you are able to borrow from the cash value and use it to pay off debt, like student loans or medical bills. Whole life plans include a death benefit, an amount separate from the policy’s cash value, that will be paid to your beneficiary at the time of your passing.
Final expenses life insurance also referred to as burial insurance, is a type of whole life insurance. The policy is designed to cover burial arrangements and other end-of-life expenses.
You should consider purchasing final expenses life insurance in Alvarado, to provide coverage for any remaining medical or legal expenses that may occur after your passing.
Universal life insurance in Alvarado is another form of permanent life insurance that provides lifelong coverage. These policies build cash value through investments in the stock market. You will earn interest on the policy’s cash value. If you choose an indexed universal life insurance policy, you will have more control over the investment.
Another one of the benefits of a UIL life insurance policy is the flexibility of options when it comes to paying your premium. For example, you can use the interest from the policy’s portfolio growth to pay for your premium. You also have the opportunity to adjust the death benefit of a universal life policy.
When you need help deciding between the different types of life insurance, call Life Insurance by Monique Navarro at (951)710-0799 for individualized planning services you can count on.