Life Insurance

Life insurance makes sense whether you’re just getting started or in your prime earning years.

Life insurance can help you financially, whether it’s funding your children’s education or planning for a comfortable future.


What is term life insurance?

Term life insurance provides coverage for a specific period of time. Generally, you can buy term life insurance for periods of five years or more, and your policy is active until that period passes. The other type of life insurance, whole life insurance (also known as permanent life insurance), covers you throughout your lifetime and has a cash value. You might also hear about universal life insurance, which a form of whole life insurance that doesn’t guarantee your coverage or premium, like whole policies generally do.


Why buy life insurance?

Life insurance is something to consider, regardless of your age. Rather than thinking it’s morbid, look at life insurance as a smart way to plan for others so they’re not left floundering. If you’re single, married, a parent, or a grandparent, you can find the right life insurance policy to suit your needs.


With term life insurance, you can match the length of your policy to your specific needs – something many people may not consider. For instance, if your mortgage will be paid off in 15 years, you want to make sure your life insurance policy adequately covers that period. However, after it’s paid off, you can adjust your life insurance policy to match your needs at that time.


How much life insurance do you need?

An ideal time to buy life insurance is when you’re healthy because you’ll pay less. As the years pass, keep in mind that rates change, so even if you already have life insurance, you can get the same – or more – coverage for less money.


Other factors to consider when you’re deciding on life insurance include:


  • medical expenses
  • your children’s age
  • whether you’re the sole income earner
  • funeral expenses

Planning for life insurance doesn’t have to be an unpleasant experience. In fact, it can be quite comforting to know that you’ve considered all aspects of your life and are ensuring your loved ones are in good hands.

Our mission is to provide an unparalleled experience to our clients by informing them of the nature and treatment of risk in our society.

Accent Sotelo Insurance Group

Accent Sotelo Insurance Group