Are you finding it difficult to determine if term life or whole life insurance is right for your family? When you need assistance selecting an insurance policy, turn to the Kimeo Smith Agency.
Term life and whole life insurance plans are the two main types of life insurance policies available, and there a numerous differences between the two.
Term life: This plan provides coverage for a certain amount of time and only protects your dependents in the event of your death. Most plans are carried for 10, 20 or 30 years, and the death benefit and premium stay the same throughout the term of the policy. When shopping for term life insurance, you should choose terms that match the years you’ll be paying bills and want coverage if you pass.
Whole life: This policy provides lifelong coverage and allows you to access the money while you’re alive. Whole life insurance is the most straightforward of both plans because the premiums stay the same for your entire life and the death benefit is guaranteed.
Make sure your loved ones have a financial safety net after you’re gone. Call the Kimeo Smith Agency at once for more information.
You’ll have all the information you need to make the right choice for your family and budget if you choose the Kimeo Smith Agency in Nashville & Clarksville, TN for a term life or whole life insurance policy.
You can also choose us for universal life insurance, variable life insurance, auto insurance and homeowners insurance.
Schedule an appointment with Kimeo Smith Agency for whole life or term life insurance.