Life insurance offers protection against financial loss resulting from
death. If you purchase life insurance, you'll provide your family with the money needed to:
The following are a few but not all of the types available: Term Life insurance Term life insurance provides death protection for a stated time period, or term. Term life insurance is perhaps the simplest form of life insurance. It was developed to provide temporary life insurance protection on a limited budget. Since term insurance can be purchased in large amounts for a relatively small initial premium, it is well suited for short-range goals such as life insurance coverage to pay off a loan, or providing extra life insurance protection during the child-raising years. Whole Life Insurance Permanent life insurance coverage for as long as you live and continue to make timely premium payments. With level premiums and the accumulation of cash values, whole life insurance is a good choice for long-range goals. The guaranteed cash values can provide money later on to help with temporary needs or emergencies. What is Universal Life insurance? Universal Life Insurance is a flexible-premium, adjustable benefit life insurance policy that accumulates account value. As with all life insurance, the main purpose for buying a Universal Life insurance policy is the death protection provided to your loved ones at your death. With an office in Plainville, MA, we provide life, home, auto and business insurance to Plainville, Attleboro, North Attleboro and Mansfield, MA, and throughout Massachusetts, Rhode Island, Connecticut and New Hampshire.
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January 2017
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