Term Life Insurance in Georgia
QUESTION:It's time for my husband and I to begin thinking about our family's future. We want to make sure that they are provided for should something happen to he and I. Can you explain how term life insurance policies work?
L. PickensResident of Atlanta
ANSWER:
Thank you for your question, Mrs. Pickens. We always advise our clients to take the needs of their family into account when pallning for the unthinkable. Our team of insurance agents will help acess the needs of your family and pick the policy that fits you best. Term life insurance policies are often sold with a particular time frame assigned to the policy. For example, you can buy a policy that covers you for 10, 20, 30 or even 40 years. You will be quoted a premium that you will pay each year during the life of the policy.
Some things to keep in mind regarding term life insurance policies:
- Premiums may or may not change each year
- Should you outlive the policy, it becomes null and void and the premiums you paid have no cash value
- Consult your financial advisor regarding tax implications of your life insurance policy
- You will be required to undergo certain simple medical tests to ensure you are an acceptable risk for the insurance company to cover
Should you find yourself in need of term life insurance, please don't hesitate to contact us for a free quote. We proudly serve North Georgia and Metro Atlanta. For more than 40 years Hansard Insurance has provided affordable term life insurance policies; let us help you with your insurance needs.