What Kind of Life Insurance Should I Purchase?
New parents can choose between purchasing whole life and term life insurance. In most cases, term life insurance is the best choice.
- Term life insurance is much more affordable, a plus for new parents.
- It covers the specific time period when you really need it, during the years your child is dependent.
- Term life insurance is a simple purchase, making it easy to compare rates and purchase.
Buying whole life insurance (also known as permanent life insurance) is an option for families who wish to invest in a policy as part of their financial portfolio. Consider carefully when purchasing a whole life policy, as it’s important to make sure the added expense is worthwhile for you and your family.
Our experienced, licensed insurance agents can help you decide what kind of life insurance is best for you and your family. Give us a call toll-free at (888) 882-8224 to find out more.
You can also request a term life insurance quote online by clicking “Get a Quote” above. Just fill out our simple health questionnaire, and our licensed agents will get in touch with you promptly!