Pennsylvania Life Insurance
Most residents of Pennsylvania don’t have sufficient life insurance. Those who carry any life insurance at all often have only minimal coverage through an employer. That coverage will probably lapse if you lose your job, but CNS Insurance Services can help you find affordable solutions to protect your family’s future regardless of your employment status.
Why Life Insurance?
Everyone needs life insurance. The cost of a funeral alone can overwhelm your family’s budget if you die unexpectedly. If you are a primary wage earner, you also need to make sure your family will be able to make ends meet after your death. If you have children, you need enough life insurance coverage to provide for their schooling as well as for other basic needs. Your insurance agent at CNS Insurance Services can help you determine what amount and type of life insurance will best help you protect your family’s future even if you aren’t around.
What Type of Policy?
Two primary kinds of life insurance policies are available—term life insurance and permanent life insurance. As the name suggests, term life insurance is only available for a set period of time. Permanent life insurance is for life and will pay out at the time of death or, in some cases, when necessary due to accident or illness, as long as the premiums are current.
Term life insurance tends to be less expensive than the various types of permanent life insurance. It’s great for young families on a tight budget, and some term life policies can be converted into permanent policies later.
Permanent life insurance includes both whole life and universal life policies. These insurance options can operate as investments against which you can borrow if necessary, and they also provide death benefits. Your insurance agent will be happy to discuss the details and options of permanent life insurance with you in more detail.
Don’t hesitate to secure your family’s future. Get your free life insurance quote online today. If you have questions or wish to speak with an insurance agent concerning what policy is right for you, feel free to call our office during regular business hours.
Want to find out more about your Life Insurance options? Contact us today for more information.