Why spend time on the internet with a company you don’t know, when you can utilize the service provided by the professionals at the Anclote Insurance when shopping for term life insurance. We review the pricing from many different companies and then we guide you through the process of acquiring your life insurance. This is all done for the same price you will find on the internet sites.
Term life insurance is a policy that provides pure life insurance protection for a specific length of time. Typical term policies are purchased for a period of ten, fifteen, twenty or even thirty years. During the term period, your life insurance amount and the premium payments will remain level. There is no cash value, or “investment” in this type of life insurance.
Universal Life Insurance is designed to provide long-term protection when you have needs for an indefinite period of time. While more expensive than term insurance, you will have a cash value built up inside the policy on a tax-deferred basis. This provides you with flexibility during the life of the policy. While the main purpose for life insurance is to protect your family or your business, the investment in this policy can play a role in retirement, college education or other lifetime goals.