FAQs: LIFE INSURANCE POLICIES

Life Insurance Policies of Kelly Lee Insurance Services

Why is Life Insurance Important?

Life is unpredictable, and if you want your loved ones to lead a secure and comfortable life, should something unfortunate happen to you, then you should invest in life insurance. Save them from having to endure financial hardship in the event of your absence.
A life insurance policy is a great way to protect your assets, and is one of the most affordable means of doing so. With so many options available in the market, one might find it challenging to make a decision on their own. Understanding your requirement and then selecting a life insurance policy can be overwhelming. If you are planning to purchase a life insurance policy in Lake Charles, LA, trust Kelly Life Insurance to help you make a well-informed decision.

No Pressure Decision Making

You can call us to look at your options because we carry both term and life insurance available, as well as permanent life. 
What is term life insurance? 

Term life insurance provides temporary financial protection for your family during your working years, with your ability to pay money directly to your beneficiaries after your demise. Financial obligations of those covered under the policy such as daily living expenses, school tuition for your kids, and your mortgage payments, will be taken care of. But you need a plan that promises long term coverage, which is why you should buy permanent life insurance.

What is Permanent Life Insurance?

This insurance provides lifelong protection and the ability to accumulate a tax-deferred cash value. Unlike term life insurance, a permanent insurance policy will remain enforced for as long as you can afford to pay your premiums if you find them affordable. Your policy and coverage need to match your families individual needs that you see as something necessary to cover.

How Can Life Insurance Policies Be Enhanced?

Life insurance policies such as a waiver of premium accelerated death benefit coverage, sudden illness, or even long term coverage that requires adjustment of the plan to match your family’s needs allows for the modification due to future life changes that may happen. Permanent Life Insurance Policies are used to pay premiums, as well as most financial obligations that add up over time. If you need lifetime coverage and you have the means to pay for coverage, it ensures that family stays protected. Permanent life insurance has cash value where the account grows at a rate specified by the policy. Cash values are separate from the death benefit of a permanent life insurance policy because when you pass away, your beneficiaries will not receive any of the cash value. Some insurance companies offer coverage for less than $50,000 so that the cost of a dollar per coverage is still high. Final insurance expenses are still expensive, despite the fact that they do not require a medical exam in order to determine coverage and provides coverage for a lifetime.
 
Who Is Kelly Lee Insurance?

Kelly Lee Life Insurance was initially started as a niche market in property coverage. By teaming with a company called TWFG in September 2010, we have expanded to over 50 carriers to provide clients with the most affordable insurance coverage available. We offer affordable insurance rates, and customer-service focused on knowledgeable insurance agents. We have convenient office hours and flexible appointment scheduling. We welcome your business and the opportunity for us to learn from you. 
Give us a call to get a quick quote on life insurance policies today!

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Life Insurance - FAQs - Term Life Insurance - Permanent Life Insurance - Lake Charles, LA