Insurance Marketplace, Inc Blog
Getting life insurance depends on factors like your age, income, and family status. Taking into account all these factors is essential in identifying which insurance product or program fits you best. Planning to get one this 2019? Here's a short guide to help you:
What is life insurance?
Life insurance is one of the long-term and life-long personal investments. This often includes home-ownership and health credit membership in exchange for the insurer's regular payment. Another feature that it has is that a lump sum payment will be given to the beneficiaries of the insurer in case of death of the policyholder.
Term Life Insurance Vs. Universal Life Insurance
Now, after having enough background about what life insurance is, you now need to decide on getting a policy from the two types of life insurance: term life insurance and universal life insurance.
Tips on deciding what type to choose
To know which type fits best for you, you can always make a self-study about it by following these easy steps:
At Insurance Marketplace, Inc., we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (541) 779-0177 or Click Here to request a free quote.