Fort Worth Life Insurance
With the help of Life Insurance by Monique Navarro, you can get a life insurance policy that will offer financial relief to your loved ones after you pass away. The different types of life insurance policies and options can be complicated, so our office will walk you through everything you need to know so you can pick a life insurance policy that best fits your needs.
We are licensed insurance brokers and have developed relationships with the best life insurance providers in Fort Worth. Our team is able to give our customers the best coverage at the best rates. Our goal is to provide our customers with the best possible service while helping them get the coverage they need to protect their families financially.
Life Insurance Policies
When shopping for life insurance, you’ll find that the type of life insurance purchased can vary depending on the coverage options and the length of the policy. Some life insurance policies build cash value, while others solely provide death benefits.
Here are the most common life insurance policies you should compare:
- Term life insurance
- Final expenses life insurance
- Whole life insurance
- Universal life insurance
Arrange an appointment with one of our friendly agents to discuss the different benefits these policies provide.
Term Life Insurance
A term life insurance policy provides financial support to your loved ones if you pass away unexpectedly. It is the best way to protect yourself at a low cost. In Fort Worth, term life insurance is available for up to 30 years. While term life insurance does not accumulate cash value, it does pay a death benefit for survivors if the policyholder passes away unexpectedly.
Final Expenses Life Insurance
Another policy option is final expenses life insurance, also called burial insurance. Final expenses life insurance policies in Fort Worth cover your end-of-life expenses, such as medical bills, legal fees, and burial costs. While these policies do not pay a large sum of money to support your loved ones following your death, they will help to relieve the financial burden of paying for a funeral or other burial costs.
Whole Life Insurance
Whole life insurance is permanent life insurance that provides coverage that lasts throughout the policyholder’s life. These plans build cash value over the policy’s life and allow policyholders to borrow money against the policy’s cash value.
Your death benefit can be reduced if you borrow against your policy’s cash value. Whole life insurance in Forth Worth is more expensive than a term policy but has a higher death benefit. The death benefit is intended to provide significant financial support for the beneficiary following the policyholder’s death.
Universal Life Insurance
Universal life insurance in Fort Worth is another type of permanent life insurance policy that builds cash. There are several types of UIL life insurance policies. These policies invest a portion of your premium in the stock market. How the money is invested depends on your specific policy.
Cash value and interest earned by your policy can be used to pay for your premiums. You have more flexibility with policy payments and making adjustments with a universal life policy than other life insurance policies.
Get a free, no-obligation life insurance policy in Fort Worth by contacting Life Insurance by Monique Navarro at (682) 249-4190 today.