Instant and Traditional Term Life Insurance to Protect Your Family and Assets
There is no better way to protect your family’s financial future in the event of your passing or the passing of a loved one than with life insurance. But some forms of life insurance can be unnecessarily expensive. While whole life insurance and universal life insurance all make great policies for the right individuals, many want protection but want to avoid experiencing much financial distress now.
This is where term life insurance can offer the greatest benefit. Term life insurance offers substantial coverage – often $500,000 in life insurance or more – for a fraction of the price depending on your age. It is a great choice for younger people looking to provide financial security to their families, as well as older adults that need to make sure their loved ones will receive support should something happen.
For more information about term life insurance in Houston, or anywhere in the state of Texas, please contact Kaia Insurance Group LLC today at 512-354-7599. You can also fill out our online form, or apply for an instant life insurance quote by using this link. Learn more about instant life insurance and how it differs from traditional life insurance by visiting this link.
Background: What is Term Life Insurance?
Term life insurance is just that – a life insurance policy that only lasts for a specific, pre-defined term, usually 10, 20, or 30 years. Once the term is over, you will need to apply again for life insurance or use other options.
Because this type of life insurance only lasts for a specific period of time, insurance agencies are able to offer far better rates, even for a larger policy. The result is a type of life insurance in Houston that is far more affordable while also providing coverage for a larger sum.
Benefits of term life insurance include, but are not limited to:
- Low, consistent payments for the life of your policy.
- Long term-lengths, typically 20 years.
- Larger coverage amounts to help recipients, sometimes distributed tax free.
Some life insurance policies can also be converted to permanent life insurance (whole life and universal life). Those in general good health can also receive coverage fairly easily, though this depends on the policy.
Why is Life Insurance So Important in Houston?
Life insurance is always important, and so is making sure that you have a policy that covers your needs. This is something that can often come up here in Houston. Cost of living in Houston is becoming more expensive by the year. Should the unexpected happen, do you have enough financial security to cover all the needs that your family will lose in your absence?
- Do you have enough to help cover your mortgage or rent? Remember that the median home in Houston is over $322,000.
- Do you have enough to cover childcare and/or college? Childcare costs in Houston are $1000+ monthly, and the University of Houston is nearly $14,000 annually.
- Do you have enough to cover funeral expenses or extra expenses that may occur in your absence? Houston funeral costs can be as much as $15,000.
Most people also want to leave something extra to their family to help make sure they can live more stress free in their absence. All of these expenses require a good life insurance policy.
Is Term Life Insurance the Best Choice for You?
Term life insurance is only one of many options, and we encourage you to reach out to Kaia Insurance Group LLC if you’re located anywhere within the state of Texas to receive more personalized service about which life insurance policies are best for you. Many people find that whole life (including limited pay whole life insurance) is a great choice, and others use life insurance as a retirement plan, with options like indexed universal life insurance being a great choice.
There are many options available, and so it is important to make sure that you’re getting the right guidance and making decisions that are best for you not only now, but 10 years from now, when you’re still paying your policy. We’re happy to help you with his decision and walk you through all the different options.
Start Today with Kaia Insurance Group LLC
Kaia Insurance Group LLC operates out of the Greater Houston area, and service customers throughout the entire state of Texas. Here in Houston, we are often contacted for our work with life insurance, including not only term life insurance but also universal, whole life, LIRP, instant life insurance, and more.
If you’re looking for an insurance agent in Houston that can provide you with the best prices and best service, please contact Kaia Insurance Group LLC today.