Life insurance can help provide financial security for you or your loved ones by replacing lost income and covering various expenses after your death or when the policy’s term is up.
Insurance for life is a contractual agreement between you (the policyholder) and the insurance company. In exchange for paying the insurer a regular premium, your beneficiaries will receive a lump-sum death benefit when you pass away or after a specific amount of time has passed.
Types of Life Insurance
There are two primary types of life insurance that includes:
Term life insurance: A term life insurance policy provides a death benefit to your loved ones if you die during the policy’s term. This insurance for life policy might be a period of 10, 20, 30, or more years, depending on the expiration date of the policy.
If you do not die during this time, the insurance policy does not pay and will expire when the term ends. You will also have to reapply for a new policy if you want to continue to have coverage.
Whole life insurance—A whole life policy will last for the remainder of your life once you enroll. It will not expire unless you stop paying for it. Additionally, such a policy offers cash-value investment opportunities.
This cash value component can enable you to receive a source of income during your lifetime (in addition to the eventual death benefit).
How to Get Insurance for Life?
If you’re in need of a life insurance policy, Exceed Insurance is your ideal destination. We are the leading Insurance agency in United States. Give us a call or request a quote online to get started.
Regions We Serve
Exceed Insurance offers the best life insurance coverage across all states in the US. We offer top-tier life insurance coverage to fit your specific needs nationwide. We are the go-to choice for life insurance coverage, no matter where you are in the United States
We provide the best life insurance services in the following states across the US.
- New York
- New Jersey
- North Carolina
- South Carolina
- New Mexico
Exceed’s life insurance is available for everyone, no matter where you are in the United States.