SJ, Edwards, Inc.

life insurance

What is the definition of a life insurance policy?

In the case of your death, life insurance gives financial security to your family. Your beneficiaries will receive funds to spend as they see fit, providing security during a trying time.

When should you buy life insurance?

It’s a fantastic moment at any time, but some life events are especially significant. 

  • If you were recently married, 
  • You recently purchased a new home. 
  • You’re expecting your first child.

What are the different kinds of life insurance?

At a glance, here are your life insurance options: 

 

Term life insurance is a type of life insurance that lasts for 

  • Coverage that is both affordable and enough for your short-term requirements. You’ll get a guaranteed death benefit for the term you choose, and your payments will stay consistent throughout the term. 

 

Insurance for the rest of your life 

  • Provides you with consistent premiums, robust guarantees, and important protection. It can also help you accumulate monetary worth, which you can use to take out loans.