Life Insurance Overview
We all can agree that planning for the financial well being of our families is certainly a subject we should give some serious thought to. And that’s the purpose of the following information – a serious though not complicated look at “the truth about life insurance” and why it’s important to you.
First of all, let’s get one simple truth out of the way right now … it’s not a pleasant thought, but it is a necessary one: Life insurance is about what a person is going to leave to his or her heirs after he or she dies (and that “what” means m-o-n-e-y). But, life insurance can be much more than that; in fact, life insurance can be a way to build up a personal fund that you may use yourself BEFORE you die.
Buying life insurance can be very confusing because, today, you have so many choices. If you’ve ever thought about “What is the best type of life insurance to own,” the simple and best answer is “The type of life insurance that is in force on the day your heirs need it!” That may sound like some salesperson’s quick retort, but it is really The Truth!
However, most Americans have many, many other questions bouncing around in their minds when they get around to giving serious thought to buying life insurance. Here are a few of those important questions:
Learn about Joint Life Insurance
What is Term Life Insurance?
It should come as no surprise to you that “term” life insurance involves “time,” that it pays a death benefit to your heirs only if you (the insured) die during a specified period.
What is Permanent Life Insurance?
Permanent Life Insurance provides you with coverage throughout your entire lifetime, and it may include a way for you to build “cash value" in your policy.
Need help deciding which life insurance policy best fits your needs?
Ausman Financial and Insurance Services
640 Civic Center Dr, suite 113
Vista, CA 92084
CA License #0361805
CA License #0B70896
Need help making a financial decision?
Ausman Financial and Insurance Services does not warrant anything on this website, although we hope everything is accurate. We do not provide legal or investment advice. We are not responsible for any independent decisions made from information found on this website or links provided to external websites. You need to conduct your own research and consult with a representative of Ausman Financial and Insurance Services or your own financial professional about your personal situation before making any financial decisions.
INFORMATION CONCERNING COPYRIGHT INFRINGEMENT CLAIMS:
Ausman Financial and Insurance Services provides links from its website to various third party sites which may enable you to obtain locations and information outside of our control. Ausman Financial and Insurance Services neither controls nor endorses such other websites, nor have we reviewed or approved any content appearing on them. Ausman Financial and Insurance Services does not assume any responsibility or liability for any materials available at these websites, or for the completeness, availability, accuracy, legality or decency of these sites
© COPYRIGHT SMP INTERNATIONAL LLC 2022. ALL RIGHTS RESERVED.