Life Insurance in Fresno, CA
Purchasing life insurance is an important step in protecting your family’s financial future. At True Grown Insurance Services , LLC, our team is here to help you explore your options and find the right coverage for your needs.
What Are My Options?
There are two main types of life insurance: term life and permanent life. A term life policy can provide coverage for a set period, such as 10, 20 or 30 years. It is usually more affordable and straightforward than a permanent life policy.
A permanent life policy offers continuous coverage for the duration of the insured’s lifetime that can provide a death benefit following the insured’s passing. It also includes a savings component that earns a cash value with no interest.
Why Does It Matter?
Life insurance can provide your beneficiaries with a financial lifeline after you pass away. It can help cover expenses such as funeral costs, mortgage payments, tuition fees and daily living expenses.
How Much Does a Policy Cost?
The cost of a life insurance policy can depend on several factors, including the following:
- Age and gender: Men and older people typically pay higher premiums than women and younger people.
- Lifestyle: You may be more expensive to insure if you have a high-risk job or engage in activities like skydiving or rock climbing.
- Health status (e.g., medical history, alcohol consumption, tobacco use, etc.): You and your family’s medical history play a huge role in life insurance. Smoking and a history of serious health conditions can raise the price of your premiums.
- Driving history: Insurers may consider your past accidents or traffic violations (if any) when calculating your rate.
- Policy type: Term life insurance is generally cheaper than whole life insurance.
- Coverage selection: The more riders your policy has, the higher the premiums.
Where Can I Purchase Life Insurance?
Contact True Grown Insurance Services , LLC today for a personalized quote.