Rio Vista Life Insurance
Life Insurance by Monique Navarro is here to help you get affordable life insurance with the best benefits and top of the line coverage. We’re a well-established, independent insurance agency that’s locally owned and operated.
Our staff is highly trained and ready to help you pick a life insurance policy. Since we’re insurance brokers, we’re able to work with the leading insurance providers in Rio Vista. Our team will shop around for the best rates with the benefits that meet your protection needs.
Give us a call today if you need help understanding the different types of life insurance policies. We’ll walk you through everything you need to know and provide you with a free, no-obligation quote.
Term Life Insurance
One type of life insurance policy we can help you with is a term life policy. Term life insurance in Rio Vista is perfect for anyone who wants a low cost life insurance policy that will provide financial support to their family if they pass away unexpectedly.
Term life insurance policies are available in as little as a one year term, or as long as a 30 year term. If the policyholder outlives the policy term, the policy will expire. We can help you extend you term life insurance or convert your policy to a whole life insurance policy that provides more coverage.
Whole Life Insurance
Whole life insurance is permanent life insurance. These policies lasts for the duration of the policyholder’s life, so long as the premium is paid. Whole life insurance in Rio Vista has many benefits.
Premium payment amounts are fixed; they won’t increase as the policyholder gets older. Additionally, the death benefit is fixed. The amount of coverage won’t decrease over the life of the policy.
Whole life insurance policies also build a cash value. The cash value can be borrowed against to pay off personal loans or other debts. This works almost like a savings account, which can be very helpful in the event of an emergency.
Universal Life Insurance
Universal life insurance is also permanent life insurance, but it provides more flexibility in the policy than whole life insurance. UIL life insurance uses a portion of the premium amount to invest in the stock market, and the investments can earn interest.
The premium payments for universal life insurance in Rio Vista can be paid using the interest earned. This means that the policyholder could eventually decrease or eliminate policy premium payments.
The death benefit is also flexible. Unlike other policies where benefits can only be increased, a UIL life insurance policy allows the policyholder to decrease the death benefit. This is something else that could help lower the premium payment as time goes on and less coverage is needed.
Final Expenses Life Insurance
A final expenses life insurance policy in Rio Vista is recommended for adults older than 50 or anyone who has a health condition that stops them from getting other types of life insurance.
Final expenses life insurance, also called burial insurance, covers the policyholder’s end-of-life expenses. This includes burial costs, medical bills, legal expenses, and more.
A final expenses life insurance policy helps the policyholder ensure their death will not financially burden their family members.
For help finding the best plan for you and your family’s needs, call Life Insurance by Monique Navarro at (682) 249-4190.