281.845.4355

GET QUALIFIED AND PROTECT YOUR FAMILY TODAY!

MaShanda Faust

Licensed Broker

TYPES OF LIFE INSURANCE COVERAGE

TERM LIFE INSURANCE

Coverage for a certain time period in your lifetime.

WHOLE LIFE INSURANCE

Coverage that is in place for a lifetime with no medical exam

UNIVERSAL LIFE INSURANCE

Coverage that can be implemented to create wealth and tax free inheritance for your family

YOU NEED LIFE INSURANCE IF:

You have financial dependents

People who absolutely need Life insurance are those with dependents of any kind. Whether they’re the usual married couple with children where one spouse is the breadwinner or a single parent. Homemakers can be a less known candidate but their untimely death can create unforeseen cost for childcare. Another candidate would be a married or single families who support their elderly parents or other loved ones.

Have entered into joint financial obligations with others

It’s very common for married couples to have joint debt. If you and your partner own a home together- get life insurance it will cover your housing cost in the event of your spouse’s untimely death. This category can include unmarried couples who have entered into a lease agreement together car financing arrangement and even mortgages on a home or income-generating rental property. Business loans personally guaranteed by an Individual or among business partners agreement creates joint liabilities as well.

Have financial plans for the benefit of others

Many parents want to help their children establish financial goals by putting money away for future endeavors. Whether its for your child or grandchild’s education, wedding plans, or assisting with the down payment of a home. The right type of life insurance policy can create additional financial support for those special moments. You can benefit from a life insurance policy while you’re living.