Life Insurance in North Carolina
Tarheel Insurance Group Offers Life Insurance for North Carolina Residents
Regardless of your age, you may have concerns about your financial condition if something should happen to you. A life insurance policy can help in a number of ways to ensure those left behind are not burdened with financial loss due to your passing. At Tarheel Insurance Group in Wilmington, NC, we can answer your questions and help you secure the life insurance you need to protect your financial interests.
Do You Need Life Insurance?
You may be concerned about your family’s financial security if your income were suddenly stopped. You may have debts that would be left behind if you suddenly passed away. Some people secure life insurance to help pay for funeral costs in the event of their death. Others may have a dependent family member who may need care. These situations can all benefit from life insurance that will provide funds in the event of your passing.
Types of Insurance To Consider
There are two basic categories of life insurance to consider when securing a policy. Term life insurance covers you for a period of time, generally one to 30 years, and only pays out in the event of death. It is often the most economical type of policy. Whole life insurance, often called "permanent" insurance, covers the individual throughout their lives. The insured pays more in the early years of coverage to stabilize the premium in later years, when the policy would normally be more costly. The cash value of the policy can often be borrowed against, so this type of insurance is often considered an asset.
Make Tarheel Insurance Group Your Agent in Wilmington, NC
You may find you have a number of questions about the types of insurance available and how much insurance you need. Our experienced agents can help with detailed information. We offer our clients a range of insurance products, including policies for home, auto, motorcycles, life and business. Contact Tarheel Insurance Group today for your free, no-obligation quote on life insurance that.