What Type of Life Insurance You Should Buy

Cosecha Insurance

I could spend thousands of words on all the types of life insurance on the market, but for your sake, I’ll keep it simple and tell you which one you should choose.

Life insurance basically boils down to two categories: whole and term.

With a whole life insurance policy, you’re covered for the rest of your life and get interest with your payout.

WIth a term life insurance policy, you purchase coverage for a certain amount of time, like 10, 15, or 30 years.

Although a whole life policy might sound more appealing based on that definition, it costs a pretty penny.

They’re way more affordable and easier to purchase than ever.

And at your age, you can probably skip the medical exam and buy your policy online.

No dreaded drawn out phone calls necessary.

Another convenience of a term life policy for millennials is the flexibility.

Chances are you’re buying your life insurance with a pretty specific time or amount in mind, and there’s likely an affordable term there to meet your needs.

To learn more about automobile insurance solutions for you and your teenager, contact the experts at www.cosechains.com or (281) 858-4700 / (713) 772-0241. Our licensed insurance experts will be happy to answer any questions you have.

Source: goodfinancialcents

27 What Type of Life Insurance You Should Buy

Cosecha Insurance

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