If you are looking for insurance that will last a lifetime, whole life insurance is a solid option.
None of us like thinking about the possibility of our own passing or the death of a loved one, but it is something we need to be prepared for nonetheless. If you have a spouse and/or dependents, the last thing you would want is for them to have to worry about expenses and debts you might leave behind. If you are looking for insurance that will last a lifetime, whole life insurance is a solid option.
Whole life insurance stays in place as long as the premiums are paid and kept up to date. It generally has a specified death benefit, but it also builds cash value over time. This savings component may even allow you to access cash from your policy during your lifetime, should a situation arise in which it was needed. The cash value can also be invested, allowing the possibility of an even greater return (though this is never guaranteed, of course).
At Kimeo Smith Agency, we have been helping people near Clarksville, Tennessee find insurance solutions that suit their needs and budget since 2010. We are passionate about educating our clients about their options and customizing solutions using the wide variety of companies and policies we have available to us. Whole life insurance is just one of the options we can present to you. Other life insurance options include term life insurance, universal life insurance, and even variable life insurance. If you want to learn more about life insurance and your options, or if you have any other insurance needs, don’t hesitate to contact us today.