River Oaks Life Insurance
Having a life insurance policy can be one of the best ways to protect your family. Do you know who to call when you need help picking a life insurance policy? Call Life Insurance by Monique Navarro for help choosing between the different types of life insurance.
We are an independently owned and operated insurance company. Our team works with the leading life insurance providers in River Oaks. We’re licensed, bonded, and insured.
Our team is highly trained and committed to delivering the best possible customer service. We’ll help you find low cost life insurance with all of the coverage and benefits that you need.
Types of Life Insurance
Many insurance providers have a variety of life insurance policies to choose from, which can make it hard to understand exactly what you need. Our team will help you compare plans so you can choose the best one for you. You will be able to choose from term or permanent life insurance.
Term Life Insurance
Term life insurance in River Oaks is available for a temporary timer, or the term of the policy. You have the option of selecting a term that’s anywhere from one to 30 years. The policyholder will be covered throughout the term of the policy, but if the policy expires the coverage will end.
Term life insurance is beneficial because it provides a death benefit if the policyholder passes away unexpectedly. The premiums are lower than most other types of insurance.
If you have a term life insurance plan that’s about to expire, or you want to extend your coverage, Life Insurance by Monique Navarro can help. We can work with you to get your policy converted to a whole life insurance policy or find another term life policy that fits your needs.
Permanent Life Insurance
Whole life insurance in River Oaks is a permanent form of life insurance, meaning that the policy will be valid for the duration of the policyholder’s life, so long as the premiums are paid.
Whole life insurance has many benefits, including:
- Fixed premium payments that won’t increase over time
- Fixed death benefits that won’t decrease over time
- The policy builds a cash value
- Policyholders can borrow against the policy’s cash value
Whole life insurance isn’t the only type of permanent life insurance. Universal life insurance in River Oaks is another form of permanent insurance. There are more benefits in a UIL life insurance policy than a whole life insurance policy.
Universal life insurance benefits include:
- Flexible payment options that reduce premium amounts
- The ability to increase or decrease the death benefits
- The policy builds a cash value
- Policyholders can borrow against the policy’s cash value
If you’re unable to get a term or permanent life insurance policy, you can still find life insurance to cover your final expenses and reduce your family’s financial liabilities.
Final Expenses Life Insurance
Final expenses life insurance, also known as burial insurance. Having final life insurance in River Oaks will help your family pay for your burial costs and other end-of-life expenses, like medical bills or legal expenses.
These policies are best for adults over 50, or anyone who is unable to get a different type of life insurance policy due to a preexisting health condition.