Life insurance protects your family from financial catastrophe in the event of your death. Life insurance works by providing for your survivors financial benefits after your passing. Life insurance shows your love for your family after you are gone.
There are several primary Life insurance choices with a number of different options. These include Term Life, Universal Life and Whole Life. As an independent insurance agent, Thompson Insurances Services works with clients to discover which option is the best for its client and helps determine the kind of benefits provided for your survivors. Thompson’s access to multiple Life insurance options means you have the power of selection.
Term Life
Term life insurance covers a specific period of time in the life of an individual. Term life is age based and generally the most affordable coverage choice. It is a very common selection for most individuals. There are a number of supplemental insurance options with this coverage selection.
Universal Life
A Universal Life insurance client receives lifelong coverage, but also builds tax-deferred cash value that will earn interest while providing the flexibility to change your plan and payments. There are a number of supplemental insurance options with this coverage selection. These policies have a cash value.
Whole Life
Whole Life insurance pays a benefit on the death of the insured and also accumulates a cash value. A Whole Life policy is guaranteed to remain in force for the insured’s entire lifetime, provided required premiums are paid, or to the maturity date. Individual age is not a factor. There are a number of supplemental insurance options with this coverage selection. These policies have a cash value.
Get a free life insurance quote. Call us at 434-432-6211 or inquire online at Get a Quote.