What is Life Insurance? Do I Need It?

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Types of Life Insurance

There are two main types of life insurance: term life insurance and permanent life insurance. 

Term life insurance provides coverage to beneficiaries during a certain amount of time, usually 10, 20, or 30 years, and pays your beneficiaries your death benefit if you pass away at any time during this term. Contact Miller and Associates to learn about low-cost Term Life Insurance for as little as $10/month.

Permanent life insurance provides coverage throughout your entire life and allows you to put money into a savings account throughout your life. 

Do I Need Life Insurance? 

No matter what stage of life you’re in, you need life insurance. Whether you’re a newlywed or are nearing retirement age, life insurance can provide you and your loved ones with financial security and peace of mind. 

How Much Does Life Insurance Cost?

Several factors determine how much you’ll pay each month for your policy. These include: 

  • Age
  • Gender
  • Weight
  • Medical history
  • Lifestyle

An insurance carrier may charge you more for a policy if you have risky hobbies, like skydiving or rock climbing, or if you frequently travel to dangerous parts of the world. 

Your cost will also vary depending on the carrier and policy you choose. 

Contact Miller & Associates to Get Started

At Miller & Associates, we’re proud to provide our customers with life insurance policies that provide beneficiaries with a strong financial future. Whatever happens to you, you can be assured that your loved ones will be taken care of. 

Contact us today to learn more about our life insurance policies or to get a free quote!
Learn more about the insurance services provided by Miller & Associates.

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