Life & Health Insurance

The Value of Life Insurance

Life insurance helps you protect what matters most - your loved ones. Life insurance helps ensure their financial needs are met, even after you’re gone. It can fulfill promises made to your family if you are no longer around by providing a death benefit to your beneficiaries in return for premiums paid to the insurance company. Life insurance can also provide benefits while you are living. Life insurance can be a very important part of your overall financial plan, regardless of your stage in life. Generally, the younger you are, the less you pay for life insurance

Advantages of the Death Benefit

  • Can provide business security by enabling partners to buy out the interests of a deceased partner and prevent a forced liquidation
  • Provides income tax-free money to your named beneficiary(s) that can be used to pay funeral expenses, debt, tuition, estate taxes or virtually any financial need you leave behind

Advantages of Living Benefits

  • The cash value growth of a permanent life insurance policy is tax-deferred, which means you do not pay taxes on the growth of the cash value unless the money is withdrawn.
  • Loans or withdrawals can be taken against the cash value of a permanent life insurance policy to help with expenses, such as college tuition or the down payment on a home

We can assist you in determining an appropriate coverage amount and help you decide on which type of life insurance is right for you.

Generally, you should consider life insurance if you have:

  • A spouse
  • Dependent children

Life Insurance: What type is right for me?

There are two basic types of life insurance: term and permanent. Deciding which type may be appropriate for you depends on how you want your life insurance to work for your family.

Term Insurance

The least expensive and most basic type of life insurance. You buy coverage for a certain amount of time, such as 5, 10, 15, 20 or 30 years. If you die before the term is over, your beneficiary gets the benefit stated in your policy. If you live beyond the term, the policy expires. Many policies also offer the option of extending your coverage, subject to certain restrictions and limitations.

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Insurance Company in Texas

As an established insurance provider in Texas, we offer a wide range of insurance policies. Our policies are designed to provide comprehensive protection to our clients and their assets.

Affordable Insurance Company in Texas

We understand that insurance costs can add up quickly, which is why we offer affordable insurance options to our clients. Our team works diligently to find the best insurance policies at the most competitive prices, so you can rest assured that you're getting the best value for your money.

Texas Affordable Insurance Company

Our commitment to affordability extends beyond just offering low-cost insurance policies. We believe in providing personalized solutions to our clients' insurance needs, so they only pay for the coverage they need. This way, we ensure that our clients get the coverage they need without breaking the bank.

Texas Insurance Company

As a Texas-based insurance company, we understand the unique risks and challenges that our clients face. We offer specialized insurance policies that cater to the unique needs of Texas residents. Our policies are designed to provide the right level of protection, whether you're driving on Texas roads or running a business in the state.

Affordable Insurance of Texas

At Affordable Insurance Texas, we're proud to offer affordable insurance solutions to our clients in Texas. Our team of experienced agents works closely with each client to understand their needs and find the best insurance policies to fit their budget. We believe that everyone deserves access to quality insurance, regardless of their budget.

Insurance Company Houston

For our clients in Houston, we offer specialized insurance policies to meet their unique needs. Our agents are well-versed in Houston's insurance landscape and can help you find the right coverage for your assets. Whether you're looking for auto insurance, home insurance, or business insurance, we've got you covered. Don't leave your insurance needs to chance. Contact us today to get started with comprehensive and affordable insurance coverage in Texas.