Protecting Life's Most Important Things
The financial security of the family left behind after a death is certainly one of the most important things that needs protection.
A good Life Insurance policy can help protect your family against such a loss — and for much less than you might imagine.
Wescom can help you find a policy that will provide the financial basics for your family — home, food, clothing, and future security (like your children's college education) — in the event of such an unplanned event.
Life Insurance Needs Analyzer
The first and most basic option is how much insurance to buy. To help you decide how much coverage you and your family need, you can use the Life Insurance Needs Analyzer.
Length of Coverage
In most cases, the longer your coverage will remain in force, the higher the required premium will be. However, if you need the insurance for a longer period of time, it is almost always cheaper in the long run to lock in the premium today (at your current age) than to let a shorter term expire and then reapply at an older age and, possibly, a less favorable underwriting class. Most term policies are offered with guaranteed level premium periods from 10 to 30 years (depending on how old you are when you first apply).
To start the process of putting your protection in place, choose from one of these three options:
Permanent Life Insurance
Permanent Life Insurance provides life-long protection and is known by a variety of names. These policies are designed and priced for you to keep over a long period of time. If you don't intend to keep the policy for the long term, it could be the wrong type of insurance for you.
Term Life Insurance
If you need more than $250,000 in coverage or if you have some health issues that may affect your insurance, Term Life Insurance may fit your needs.
Universal Life Coverage
If you want Universal Life or Whole Life coverage for any amount, Wescom can help you obtain permanent life protection that builds cash value over time. Get your Universal Life Quote.