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Kevin Paden
Before we begin, let's start with the basics to get you the best quotes.
There are two types of life insurance.
what type is right for you?
Term Life Insurance
This type of policy covers you for a term of one or more years. It pays a death benefit only if you die during that term. Term insurance generally offers the largest insurance protection for your premium dollar. It does not typically build up cash value. Additionally, it may not be renewable at the end of the term, or may cost considerably more to continue.
Cash Value Life Insurance
Cash Value Life Insurance goes by several names, such as whole life, variable life, and universal life. This type of policy provides long-term financial protection. These policies include both a death benefit and, in some cases, cash savings. Cash savings can be accessed in an emergency when you need it.