Now is a great time to consider your life insurance needs. Often times we neglect to obtain the appropriate life insurance coverage, which can be one of the most important purchases you will ever make.

Life insurance is critical, especially when there are members of your family that rely on you financially. In the unfortunate event that you pass, your family will be able to pay for your funeral costs, pay bills, take care of outstanding debt, provide financial support to your children’s education, as well as protect your spouse’s retirement plan.

In order to help you better understand your choices, here are the two common choices when it comes to life insurance policies:

Term Life Insurance- Term insurance policies are typically purchased in order to meet one’s temporary needs. For example, you may choose to use term life insurance to cover you until a particular debt is paid off, such as any bank or student loans. This type of life insurance plan is affordable, but is only effective in the short-term.

Permanent Life Insurance- Permanent insurance policies are designed to provide lifelong support. This particular policy will grow and accumulate in its value during its lifetime, providing your loved ones the ability to manage financially.

Many times, people will decide to invest in both term and permanent life insurance plans in order to meet their particular life insurance needs.

In order to ensure that you and your family has the appropriate coverage for your specific needs, contact Brazelton Insurance Group today!