Life insurance from The Bates Agency II LLC can help you secure your family’s financial future by providing the funds they need to: cover burial expenses, uninsured medical bills, pay off your mortgage and other outstanding debts, and maintain a comfortable standard of living.
There are a variety of life insurance policies that we can provide. The kind of policy you choose depends on your needs:
Term Life Insurance
Term life insurance is a low-cost way of providing maximum coverage for your family. Protection is provided for a limited number of years. The insurance expires without value if the insured lives beyond the policy period, usually 5 to 30 years.
Term insurance premiums will not increase during the guaranteed policy time period (term) you select. Term life insurance pays a death benefit only if you die during that term. Term insurance generally provides the largest insurance protection for your premium dollar.
Term Life Insurance terminates once the desired term has expired.
Universal Life Insurance
Universal Life Insurance is characterized by great flexibility when it comes to coverage and payment. Universal Life policies offer features from both Whole Life and Term Life policies. These policies earn cash value and can be in force to age 120. They are typically less expensive than whole life policies but cost more than a traditional term policy.
Whole Life Insurance
Whole Life Insurance is commonly referred to as permanent insurance. Coverage remains in force until the client reaches age 100 or until death – whichever comes first. These policies build cash value along the way which can later be used to help pay premiums. Whole Life Policies are typically the most expensive of all life insurance policies.
These products are continually changing, and we can provide you with the latest information and policies available!
The Bates Agency II LLC offers free, comparative quotes on Individual Life Insurance from multiple insurance carriers so you can get the best possible rate.
Want to see how much we can save you? Just request a quote to find out.