Secure your family’s future with a life Insurance Policy.
Permanent Life Insurance
Purchasing life insurance can help you protect your stream of income or pay off outstanding debts in the event of your untimely death. Here at Christina Frey Insurance Agency, we offer Permanent Life Insurance which is a more complex and benefit-based insurance offering compared to Term Life. It’s important you choose a life insurance policy that supports your financial situation and needs. Let’s talk through the benefits of Permanent Life Insurance to see if this is the right option.
What is Permanent Life Insurance?
Permanent Life Insurance is often more expensive than Term Life and Christina Frey Insurance Agency offers it in two forms: Universal Life and Whole Life. Unlike Term Life insurance, these policies do not expire after a set period of time but remain active throughout your life as long as you pay your premium. These plans can also be designed to cover you up to age 85, 95, or 120—you decide. An additional point of difference between Term Life and Permanent Life Insurance is the living benefit.
Permanent Life Insurance policies can also be designed to allow you, the policy owner, to build cash-value living benefits. This cash value can be used to take out loans or to help pay premiums and still guarantee payouts upon your death. Each policy is personalized to fit your needs, such as paying off mortgages, providing money for your kids’ college tuition, leaving gifts of legacy, covering estate taxes or funeral costs, and much more.
Designing your life insurance plan is key, which is why you should work with an experienced agent. At Christina Frey Insurance Agency, we’ll help you build the perfect life insurance plan that addresses all of your concerns. Get your free, personalized quote here, and start building your foundation today.