Call Us 336-223-8440 ☰ ˟
336-223-8440 | 897 Peterscreek Pkwy Suite 202 | Winston Salem, North Carolina 27103
| Let Your Insurance Concern Be Our Solution
Logo
  • Home
  • Get A Quote
    • Automobile
    • Homeowners
    • Life
  • Blog
  • Make a Payment
  • Resources
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • About Us
    • Customer Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Home > Blog > Why Do I Need Life Insurance - C&E Insurance Solutions
WEDNESDAY, APRIL 14, 2021

Why Do I Need Life Insurance

Life insurance

Generally speaking, life insurance can be mainly divided into two groups. Still, the two main categories that are worth mentioning here are term insurance and permanent insurance.

Basically, term insurance deals with non-permanent needs and is for a specific period of time. It meets the temporary needs of the insurance holder. Usually, it pays a benefit in case that the insurance holder dies before the term is concluded. Under term insurance, you can insure things that might disappear shortly, such as covering until you have to pay your debt or until your child has graduated from college.

Apart from term insurance, permanent insurance provides security for a more extended time and almost covers a lifespan. Whole life insurance pays benefits in full-face amount only if the policy demands are being met. These include no withdrawals, paying the premium on time, no loans, and no irregularities. Because whole life insurance is designed to last a lifetime, it accumulates the cash value. It is priced for the insurance holder to keep it for a longer-term. It is pretty impossible to say that whole life insurance (permanent insurance) is the right option for you or term insurance. Because both of these policies depend upon your circumstances and the goals you want to achieve, that is why it is advised to contact a professional whole life insurance provider before deciding anything.

Posted 12:57 PM

Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2022
  • 2021

  • cover(4)
  • insurance(4)
  • term life insurance(4)
  • protection(3)
  • life insurance(3)
  • home insurance(3)
  • life insurance quotes(3)
  • property insurance(2)
  • on line auto insurance quote(2)
  • buildings(2)
  • free auto insurance quotes(2)
  • instant auto insurance quote(2)
  • business insurance(2)
  • contents(2)
  • free term life insurance quote(1)
  • low cost term life insurance(1)
  • no medical life insurance(1)
  • business health insurance(1)
  • car insurance company(1)
  • financial planning(1)
  • no exam life insurance(1)
  • free(1)
  • life insurance policies(1)
  • cheap life insurance(1)
  • cheap home insurance(1)
  • insurance agent(1)
  • life insurance settle(1)
  • replace(1)
  • quote(1)
  • insurance tips(1)
  • home business insurance(1)
  • low cost business insurance(1)
  • guide(1)
  • cheap(1)
  • business health insurance small(1)
  • cheapest business insurance(1)
  • life cover(1)
  • cheaper insurance(1)
  • online(1)
  • lower premiums(1)
  • online business insurance(1)
  • car(1)
  • online car insurance quote(1)
  • contents insurance(1)
  • insurance broker(1)
  • car insurance(1)
  • whole life insurance(1)
  • cheap car insurance(1)
  • auto(1)
  • possessions(1)

View Mobile Version
Logo
Social Social Social Social
Quick Links Home About Us Refer A Friend Contact Us
Location 897 Peterscreek Pkwy, Suite 202 | Winston Salem, North Carolina 27103
Contact Phone: 336-223-8440
© Copyright. All rights reserved. Powered by Insurance Website Builder