Life Insurance Houston TX
Pick the Right Life Insurance for Your Loved Ones!
Need Life Insurance in Houston TX? You are at the right place! “Life insurance is one of the most selfless gifts you can leave behind for your loved ones or family after you pass away.” It gives you the peace of mind to know your loved ones are financially secured if you were no longer there for them. You can’t know when you’ll pass away. It could be today, tomorrow, or 50 years from now, but it will happen eventually. Don’t leave yourself and your loved ones open to financial risk! Picking the right insurance plan is the most difficult yet emotional decision. But don’t worry. Insurance agents of RBS Tax & Insurance Solutions are here to provide the perfect Life Insurance in Houston TX. Call us at 832-428-4119 anytime to answer any questions you may have and help simplify your needs.
Types of Life Insurance
There are 3 main types of life insurance: Term Life Insurance, Whole Life Insurance, and Universal Life Insurance
Term life insurance falls under the Temporary Insurance category because it lasts for a specific amount of time (the term) and expires at the end of the term. On the other hand, Whole Life Insurance and Universal Life Insurance fall under the permanent life insurance category because they last your entire life.
With so many different types of life insurance, you may be wondering which one to choose. We’re here to help you make that decision! Here is a quick overview of life insurance types.
What is Term life insurance ?
Term life insurance is for a fixed term or period of time. Also known as Temporary Insurance. Basically, it’s a contract between you and an insurance agency that lasts for a stated time period such as 10 years, 20 years, or until you reach age 65. It is usually available in increments of 5, 10, 15, 20, or 30 years. In term life insurance, if you die before the stated term, a set amount of money, known as the death benefit, is paid to your designated beneficiary. But if the policy expires before you pass, the insurer will not pay the death benefit but fortunately, some term insurance policies come with a Renewable term policy and Convertible term policy.
If you currently do not have life insurance, term life insurance can be an excellent option to start. It is less expensive and comes with a high death amount benefit. Still having queries about Term Life Insurance? Call at 832-428-4119 for a FREE consultation call with an experienced insurance agent based in Houston Texas. With the help of life insurance agents at RBS Tax & Insurance Solutions, you can take a perfect decision for yourself and your family 🙂
What is Whole Life Insurance?
As its name suggests, whole life insurance covers you for the rest of your life, regardless of how long you may live! As long as you keep paying the premiums, your beneficiaries will receive the death benefit when you die. With whole life insurance, your premium payments remain the same over the life of the policy. You can choose how often you’d like to make premium payments, too – annually, semiannually, quarterly or monthly. This policy is highly suitable for long-term responsibilities such as a dependent adult child’s care or post-death expenses like estate taxes. One attractive feature of whole life policies is the guaranteed cash value. It offers some financial flexibility in the case of an emergency. You can withdraw from the cash value component of a whole policy while you are still alive, though this decreases the death benefit. Contact us to get a FREE quote for Whole Life Insurance Houston TX or Call at 832-428-4119 for a FREE consultation call with an experienced insurance agent based in Houston Texas.
What is Universal Life Insurance?
Universal life insurance is a way to get flexible coverage that can last a lifetime. It is also known as “adjustable life insurance,” because it offers more flexibility than whole life insurance. Many people like universal life insurance because it has a cash value that may grow tax deferred. It also provides the power to increase or decrease your coverage or payments. Contact us to get a FREE quote for Universal Life Insurance Houston TX or Call at 832-428-4119 for a FREE consultation call with an experienced insurance agent based in Houston Texas.
Still confused which life insurance plan to Choose? The right life insurance for you will depend on your family structure and financial situation as well as your appetite for risk and desire for flexibility. If you are not completely certain that your coverage is in line with your family’s needs, call our dedicated and experienced Houston Insurance Agents at 832-428-4119 When you meet, we’ll work together to determine how much coverage you need, review what products and policies are right for you, and review cost comparisons.