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At Answers for Tomorrow, we offer a variety of Life insurance solutions. From options such as Term Life, Whole Life, Final Expense and much more. Let's break down some of the more common life insurance policies such as Term Life, Whole Life and Final Expense:
Term Life:
Term Life, given the name, is usually purchased for a specific time frame such as 10, 15, 20 years or more. Premiums for Term Life insurance, is usually found to be a cheaper option than Whole Life.
Whole Life:
Whole life, is a type of life insurance purchased for the entire life of an individual. It differs from Term Life, since it does not expire after so many years such as 10, 15 or 20 years.
Final Expense:
Final Expense or sometimes referred to as Burial coverage. Given the name, Final expense policies are typically purchased at much smaller face amounts, compared to other Life insurance options. Most carriers offer face amounts at 5k, 10k, 20k, 25k and sometimes slightly more.
Note: Pricing and networks vary from location and the information above does not represent full details of each plan. Please contact to discuss options.
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