Bedford Life Insurance
Life Insurance by Monique Navarro provides help with finding individualized life insurance coverage for all life stages. Whether you are a first-time homeowner, starting a family, or nearing your golden years, our team can help you shop the life insurance providers in Bedford to get the best policy at an affordable rate.
Our office will assist you in finding a life insurance policy that’s perfect for your needs. Life Insurance by Monique Navarro is locally owned and operated, so you can rely on us for personalized help. Our reputable and well-established insurance company is licensed, bonded, and insured.
Call us today, and let us help you choose the right low cost life insurance plan for your needs. We’ll walk you through all of the different types of life insurance and help you understand specific policy coverage.
Different Types of Life Insurance Policies
Choosing a life insurance provider in Bedford is a complex process because many providers have varying policies. Working with Life Insurance by Monique Navaro will help you get a life insurance policy that fits your needs.
There are two major categories of life insurance–term life and whole life. To select the right coverage, you must consider your situation, financial goals, and what you want to get out of your policy.
Term Life Insurance
A term life insurance plan protects your family at a low monthly cost. You can choose a plan that lasts anywhere from five to 30 years. A term life insurance policy in Bedford is meant to provide financial relief to your family in the event that you pass away unexpectedly. Although these policies don’t pay out at the end of the policy term, they are currently one of the most affordable options.
Permanent Life Insurance
Each permanent life insurance policy offers different coverages at different rates. Some policies involve undergoing a physical examination or answering a health questionnaire for higher coverage amounts, while other policies don’t require an exam.
Whole Life Insurance
Whole life insurance in Bedford protects you throughout your life and builds cash value over time. You can use the cash value to pay off debts, such as student loans and medical bills, while you’re alive. Death benefits, which are separate from the cash value of whole life plans, are paid to a beneficiary at the time the policyholder passes away.
Final Expenses Insurance
At the time of a policyholder’s death, burial insurance, also known as final expenses insurance, is designed to cover burial expenses and other costs associated with death. To cover any remaining medical or legal expenses after your death, you should consider purchasing final expenses life insurance in Bedford.
Universal Life Insurance
A universal life insurance policy in Bedford provides long term life insurance coverage that doesn’t end so long as the premiums are paid. The policy develops a cash value through stock market investments, and the cash value earns interest.
A UIL life insurance policy offers a wide variety of premium payment options. For example, you can pay your premium with interest generated from the policy’s portfolio growth. Additionally, you can adjust the death benefit.
If you’re ready to see which of the different types of life insurance fits your needs, call Life Insurance by Monique Navarro at (682) 249-4190 for the best life insurance in Bedford. We’ll help you pick a life insurance policy and shop around for the best rates available.