Grapevine Life Insurance

One of the best ways you can protect your family is to have life insurance coverage. At Life Insurance by Monique Navarro, our team will help you understand the different types of life insurance so you can provide financial support to your family, even after you pass away.

When you work with one of our insurance brokers, you will be able to get a life insurance policy with many benefits and coverages. Since we are independently owned and operated we can work with the best life insurance providers in Grapevine to get you the best rates.

Our well-established and reputable insurance company is licensed, bonded, and insured. We will help you compare different policies, including term life insurance, whole life insurance, universal life insurance, final expenses life insurance, and more.

Term Life Insurance

Term life insurance is a low cost life insurance option that provides temporary coverage. We can help our customers find a term life insurance policy in Grapevine to provide coverage for up to 30 years.

While term life policies don’t provide any cash value, they do provide a death benefit payout if you pass away unexpectedly. Some plans include a premium return or cash back option.

Whole Life Insurance

Whole life insurance is a permanent life insurance option that doesn’t have a term length. Coverage will not decrease as you age and your premiums won’t increase, either. Additionally, whole life insurance in Grapevine can set your family up with an emergency fund or help you pay off debt in the future.

Whole life insurance policies build cash value. Policyholders can borrow against the cash value if they need emergency funds or want to pay off debt, like personal loans or mortgages. It’s important to talk to your insurance broker to understand how to access the cash value without decreasing the death benefit of the policy.

Universal Life Insurance

Universal life insurance in Grapevine is similar to whole life insurance, but it provides more flexibility to the policyholder. UIL life insurance earns interest and builds a cash value because a portion of the policy premium is invested in the stock market.

Policyholders are able to use the interest they earn to pay their policy premiums. They can also borrow against the policy’s cash value. Each universal life insurance policy is different, so it’s important for you to understand the terms of your policy.

Universal life insurance isn’t only flexible with the policy premium payments, it’s also flexible with the death benefit. Policyholders are able to increase or decrease their death benefit during the life of the policy.

Final Expenses Life Insurance

If you want to make sure your family isn’t put under any financial burden when you pass away, you should consider getting final expenses life insurance in Grapevine. Also called burial insurance, these policies are designed to cover some of all of the following expenses:

  • Funeral home costs
  • Memorial services
  • Medical bills
  • Legal expenses
  • Outstanding debts

This insurance is designed to cover end-of-life costs and burial costs. It’s also a great option for anyone who doesn’t want to complete a medical exam to get coverage. These policies are higher priced than other policies because they don’t have any medical or age restrictions.

For help picking a life insurance policy, call Life Insurance by Monique Navarro at (682) 249-4190. We’ll work hard to get you a policy that protects your family at a rate you can afford.