Life insurance isn’t for you – it’s for your family.
Plan ahead to help protect your loved ones. The right life insurance policy can help your family pay medical bills, college tuition, mortgage payments, and many other living expenses in the event of your passing. Rates vary depending on the type of life insurance coverage you choose and the length of time you wish to be covered. And if you’re just starting out, rates are typically lower the younger and healthier you are when you purchase the policy.
Types of Life Insurance Coverage
The types of life insurance policies vary, offering individuals the ability to choose a policy that best fits their needs and circumstances. There are two main types of life insurance: Term Life Insurance and Whole Life Insurance. We also offer Universal Life and Variable Universal Life Insurance depending on your needs. We work with you to identify what coverage you need for your current and future goals.
- Term Life – A life insurance policy that provides coverage over a specific length of time. Good for individuals and families looking for affordable, basic life insurance.
- Whole Life (Also referred to as “Permanent Life Insurance”) – Affordable life insurance option made simple – no medical exam, no health questions, and acceptance is guaranteed between the ages of 50-85.
- Universal Life – An affordable way to secure a lifetime of coverage.
- Variable Universal Life – Provides permanent protection mixed with the opportunity to accumulate cash value through various options.
You should reexamine your life insurance coverage whenever your personal circumstances change. If your income rises or falls, you get married, or you have children, you many want to increase your coverage or purchase a different type of policy. Speak with a Gallo|Thomas advisor to get the conversation started and find the right life insurance policy for you and your family.