Protect Your Future with the Best Life Insurance Policy
Having life insurance is the best financial decision you can make. Suppose your family members solely depend on your income to manage household expenses, pay debts, and maintain a standard of living. In that case, it is your responsibility to protect them even after your death. Our life insurance policy in Houston, TX, financially secures the future of your family and beneficiaries. Our insurance agents will work with you to customize your life insurance policy, depending on your situation and coverage needs.
Why Do You Need Life Insurance?
Life insurance is required to:
- Ensure that your family and dependants have financial support in the event of your unfortunate demise.
- Have a savings plan for your future so that you get a constant source of income even after your retirement.
- Finance your children’s education and other needs.
- Ensure that you have some additional income when your earnings are reduced, or you are not able to earn due to an accident or illness.
- Pay your mortgage or other debts after your demise.
Who Needs Life Insurance?
Everyone who wants to secure their future and provide financial support to their dependants and other beneficiaries even after their death should buy life insurance cover. A life insurance policy can be purchased for children to protect their future, too.
What Do We Offer?
We offer various life insurance policies, including:
Term Life Insurance Policy
It is a temporary insurance policy, and the contract expires after a specific term or period. This policy offers:
- Coverage for a set period of time e.g., 5, 10 or 20 years
- Low premiums for high coverage
- Rates subject to change once the term expires
Whole Life Insurance Policy
Whole life insurance is a permanent insurance policy, and will follow you throughout your life as long as you pay the premiums. This policy has:
- Life-long protection
- A monetary value, which can be cashed in at any time
- Higher premiums, but the benefits outweigh the cost
Universal Life Insurance Policy
This is also a permanent insurance policy that comes with adjustable features. The policyholder can adjust the coverage amount and benefits depending on their situation. This policy has:
- Flexible premiums
- Lifetime protection
- Cash value
How Does Life Insurance Work?
Our life insurance policy offers:
- Death Benefit
We will provide the amount determined in the policy to your beneficiaries upon your death. You can choose the desired death benefit amount depending on your beneficiaries’ estimated future needs.
- Cash Value
The cash value of the policy acts as a savings account that you can use during your life. For example, you can take out a loan against the policy’s cash value and pay interest until you repay the loan. You can also use the cash value to buy additional insurance or pay premiums. However, any outstanding loan against the cash value will reduce the policy’s death benefit.If you are looking to buy the best life insurance near you, contact J Archer Insurance today. We recommend the right life insurance policy that best suits your needs.