PA Life Insurance
The loss of a family member can hurt more than your heart. In the event of an untimely death, life insurance protects those you love because it pays for debts, bills, college and education, as well as funeral and related expenses. It can even provide consistent income. Knowing one’s family is protected gives many people peace of mind. Insurance is a matter of trust. Our experienced agents know how to match you to the right life insurance plan with the right benefits.
What is the difference between term and whole life insurance?
Term life insurance is a simple insurance that pays a predetermined amount to the beneficiary upon the death of the insured. You can purchase a term policy for 1 to 30 years. Whole life insurance is a combination of term insurance and investments. As time goes by, a whole life insurance policy builds cash value which you may borrow against.
Some people choose to use whole life insurance in their estate planning and establish an insurance trust to will pay their estate taxes from the proceeds of their policy. Because we’re insurance brokers, we have access to a multitude of life insurance policies. Call us at 717-334-6741 and learn about your life insurance options or get a life insurance quote online.
Life Insurance Gettysburg PA
Life insurance can be one of the best and most cost-effective investments you ever make in your life. Just like how every individual is different and unique, each life insurance policy is catered to the insured individual. So depending on what type of coverage you need and what you need the policy to cover, your rates and terms will be different from other insured individuals.
It is important to work with a life insurance company that has specialized insurance agents that are knowledgeable in life insurance. At Hockley & O’Donnell Insurance Agency, our insurance representatives are trained and have past experience in life insurance policies, well in advance of dealing with a client. We always make sure that we have not only some of the greatest customer service in the area, but that we can provide an easy and relaxed experience while choosing your life insurance.
There are a variety of different types of life insurance. Everything from term life insurance and variable life insurance to whole life insurance and universal life insurance. Each life insurance policy differs from each other, so having an insurance representative go over each style of life insurance will help you better understand which one meets your specific needs. Typically, it depends on your age and what you expect to receive from the life insurance policy.
Contact us today by either calling or emailing us to receive assistance in better understanding the many varieties of life insurance. We strive to make sure that you are well informed on your options before choosing which life insurance policy to go with.