Protect your loved ones from the worst by putting the right life insurance protections in place.
Life is full of unexpected twists and turns and it’s simply not possible to predict everything that comes your way. That being said, there are steps that you can take to protect your loved ones in the event that tragedy does strike.
For instance, having the right life insurance would offer your family a sense of financial stability in the event of your unexpected death. Your death benefit would ensure that your loved ones do not have to worry about paying for your funeral expenses, your outstanding debts, or ongoing financial obligations.
Additionally, your life insurance could make up for your lost income and help your family put aside money for future expenses such as college tuition and retirement, also the accelerated benefits riders can allow you to access all or part of your death benefit, while living, if you experience a terminal, chronic or critical illness or critical injury. Ready to secure the right financial protections for your loved ones? Then here’s how the experts at UniVista Insurance can help.
Life Insurance Coverages
We understand that every client has unique coverage needs; this is why we have dedicated ourselves to offering flexible life insurance options that can fit every client’s lifestyle and budget. Our two main life insurance options are available in a range of coverage amounts that allow you to customize your policy to your own needs. We offer the following:
- Term Life Insurance – Term life insurance is what most people imagine when they think about life insurance. These policies offer coverage for a set period of time known as a term. During your term, you pay your premiums and, if you die, then your beneficiaries would receive a previously agreed upon coverage amount. Once your term ends, then your life insurance coverage will expire. At this point, you would have to secure another life insurance policy if you still need coverage. Because these policies only offer temporary coverage, they are more affordable than permanent life policies.
- Permanent Life Insurance – As the name suggests, permanent life policies offer coverage that spans your lifetime. This means that your coverage will not expire and your loved ones are guaranteed a payout when you die. Permanent life policies also offer the ability to build up tax-deferred cash value that can be accessed during your lifetime to generate a stream of retirement income – potentially income tax-free. Whole life insurance is best suited for individuals with dispensable income who are looking to diversify their investments.
Interested in learning more about the life insurance options that we have to offer? Then contact us at UniVista Insurance in Hialeah. We are ready to assist you with all your personal coverage needs today.