Ensure that the financial needs
of your family are met in the event of your death. 425-774-5162
You need a life insurance policy if anyone
depends on your income or stands to inherit a financial burden in the event of your death.
Term
Term insurance is the most basic type of insurance. You can buy protection for a certain amount of time (or
term) such as 5, 10, 15, 20 or 30 years. If you die before the term is over, your beneficiary gets the death benefit stated
in your policy. If you live beyond the term, your beneficiaries get no payment. This type of insurance is usually the least
expensive to buy.
Permanent
One main
difference between term and permanent life insurance is that permanent doesn’t expire. As long as premiums
are being paid, it stays with you permanently.
