Health Insurance
To receive a health insurance quote please click our Health Quote link. You may also email us for a no hassel quotation. All information received is kept fully confidential.
Email: Linda@TexasInsurance.biz
Life Insurance
To receive your free, personalized life insurance quote, please fill out our Life Quote Form. You may also email us for a no hassel quotation. All information received is kept fully confidential.
Email: Linda@TexasInsurance.biz
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Term Life
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Whole Life
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Universal Life
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| Premium |
Lower initially. Increases with each renewal.
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Higher initially than term life. Normally doesn’t increase.
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Flexible premiums.
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Protects you for….
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A specified period.
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Your entire life if you keep the policy.
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A flexible time period.
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Policy Benifits
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Death benefits only.
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Death benefits and eventually a cash and loan value.
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Flexible death benefits and eventually cash and loan value.
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Disadvantages
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Premium increases with age. No cash value.
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Usually no cash value for at least three to five years. May not meet short-term needs.
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Same as whole life. You also have greater risks due to program flexibility. Low interest rates can affect cash value and premiums.
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Available Options
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May be renewable or convertible to a whole life policy.
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May pay dividends. May provide a reduced paid-up policy. Partial cash surrenders permitted.
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May pay dividends. Minimum death benefit. Partial cash surrenders permitted.
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| Term Life Insurance | |
|---|---|
| Term Life Insurance is an agreement you make with the insurance company for a certain amount of time, or “term.” If the insured person passes away during the “term,” the beneficiary is awarded (tax free) the amount of the policy; usually between $50,000 and $1,000,000.
Term Life Insurance provides the highest levels of insurance coverage with the lowest monthly premiums. Typically, rates are guaranteed for 5, 10, 15, 20 or 30 years, depending on the age of the applicant. Term Life Insurance is best used to protect the family of the insured by helping to cover obligations such as mortgages, loans, or school. |
| AGE | $100,000 | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|---|
| 18-35 |
$8.70
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$10.66
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$16.09
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$24.36
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| 45 |
$11.14
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$18.27
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$31.32
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$50.46
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| 50 |
$13.57
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$24.14
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$43.07
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$73.95
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| 55 |
$18.10
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$34.80
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$64.38
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$114.84
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| 60 |
$24.79
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$48.94
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$92.65
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$169.65
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| 65 |
$36.28
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$78.08
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$150.94
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$274.92
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| 70 |
$57.00
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$126.00
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$246.00
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$457.00
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