Life Insurance

Life insurance helps protect your loved ones from incurring a financial burden when you pass on. From basic policies that cover final expenses to more extensive insurance that helps you create an inheritance for your loved ones, today there are dozens of life insurance policy options to consider, and deciding which options are the best for your circumstances can be confusing. At Falco and Associates, we can help you select the options that are best for your unique needs so you feel confident your loved ones have the protection they need.

Additional information may be needed to provide you with a Quote*

Life insurance helps protect your loved ones from incurring a financial burden when you pass on. From basic policies that cover final expenses to more extensive insurance that helps you create an inheritance for your loved ones, today there are dozens of life insurance policy options to consider, and deciding which options are the best for your circumstances can be confusing. At Falco and Associates, we can help you select the options that are best for your unique needs so you feel confident your loved ones have the protection they need.

TERM INS, UNIVERSAL LIFE OR WHOLE LIFE?

Term insurance is more affordable but the policy goes away after the term expires. It’s equivalent to renting a home as opposed to owning a home. Renting an apartment will not build equity but owning a home will. If you want to continue to have life insurance after the term expires, you would need to apply for life insurance again at an older age and your health may have changed.

Universal Life is a flexible option that you can adjust the face amount of coverage, and or the premiums to meet your current needs during the life of the policy. It can build cash values and offers both withdraws and loans to access the cash.

Whole Life is always more expensive but the policy will last a life time. Subsequently, it is like owning a home as compared to renting a home. When paying premium you will begin building cash value similar to building equity when making mortgage payments. Many whole life policies have provisions where you can make withdrawals on the cash value for emergencies.

All are good choices. Everyone needs to assess what is best for them.

Additional information may be needed to provide you with a Quote*

CALL NOW FOR A LIFE INSURANCE PRODUCT & PRICE COMPARISON! (610) 495-8840

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