Life insurance protects your family and loved ones when you’re gone. There are a variety of types that differ significantly in their premiums and benefits. Navigating life insurance products can be overwhelming. Work with an expert agent from Alcorn Insurance Agency to find the ideal policy for your needs.
Term Insurance: Only pays if a death occurs during the term of the policy, usually between one and 30 years. There are two common types of term life insurance:
- Level term means that the death benefit stays the same throughout the duration of the policy.
- Decreasing term means that the death benefit drops, usually in one-year increments, over the course of the policy’s term.
Whole Life or Permanent Insurance: Policies extend for the entire life of the policyholder but with a much higher premium.
Life insurance is essential for protecting your loved ones after you’re gone. We’ll help you find a policy to protect your assets and family while staying within your budget.