When something happens to you, you want to make sure your family is taken care of financially. You can do this by having life insurance. Life insurance provides money for burial expenses, living expenses and other important bills for families. Some policies provide benefits while you are alive through cash values and accelerated benefits. At Gruene Insurance Services, our agents are here to help you choose the right policy for your family's needs.
Types of Life Insurance
In the state of Texas, there are two main types of life insurance options. One is term life insurance and the other is permanent life insurance. Term life insurance offers protection for a certain period of time. This period of time, or term, could be for a year or between 5 to 30 years. Permanent life insurance lets you build savings over time. You can choose to invest or borrow against these savings. Two types of permanent life insurance include whole life insurance and universal life insurance. We at Gruene Insurance Services offer permanent insurance that can be used as a retirement pension. We also offer the "new" term which gives living benefits.
Choosing the Right Option
When shopping for life insurance, there are several key factors that come into play. One is making sure the company and the agent are licensed to sell insurance. Make sure the policies you're comparing offer similar coverage. Check for a company's financial rating and complaint history. Review any information an agent gives you. Most importantly, be sure to watch for any illegal acts. These are some practical ways you can apply to make smart life insurance decisions.
Contact Our Office Today
Our agents at Gruene Insurance Services are licensed professionals who are committed to finding the right life insurance option for you and your family's needs. If you live in the New Braunfels, Texas area, visit us or give us a call today to schedule an appointment.