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Life Insurance

Life Insurance

No matter what the future holds, one thing is for sure: life insurance is the only policy you’re guaranteed to use.

While facing your own mortality isn’t easy, planning for the unthinkable means you can protect the futures of those closest to you. Having adequate life insurance becomes increasingly important as you move through life’s major milestones. With the right financial cushion, those who depend on you will be able to maintain the lifestyle they’re accustomed to in your absence.

  • If you’re a homeowner, you can give your spouse the financial stability to continue making monthly mortgage payments without your salary.
  • If you’re a parent, you can ensure funds for large expenses like high-quality childcare and college tuition will be available.
  • If you’re a business owners, you can make sure your partners and employees have the financial backing to keep your company running smoothly for years to come.
Life insurance in Snoqualmie, WA

Get Life Insurance Today

Whether you’re looking for term insurance or permanent insurance, there is no better time than now to purchase a life insurance policy. Let us help you choose the right coverage and rates with your financial goals and obligations in mind. Contact us today to get started.

What You Need to Know About Life Insurance

We can help you select the best life insurance coverage for your needs. There are several different types of life insurance products available – the most common include:

  • Term Life Insurance: Term life insurance provides protection for a specified period of time. If you do not currently have life insurance, term can be a good place to start. It’s generally less expensive than permanent (whole) life insurance, and is available in varying time periods with fixed premiums from a one year (annual renewable term) to 20-year (level term) period. Furthermore, term life insurance is sometimes convertible to permanent coverage, providing you with flexibility as your needs change.
  • Whole Life Insurance: Whole life insurance is a form of permanent life insurance that remains in force for your entire lifetime, provided premiums are paid as specified in the policy. Whole life insurance can be an investment opportunity, as many whole life insurance policies also build cash value over time.
  • Universal Life Insurance: Universal life is a form of permanent life insurance characterized by its flexible premiums, face amounts and unbundled pricing structure. Universal life can build cash value, which earns an interest rate that may adjust periodically, but is usually guaranteed not to fall below a certain percentage.

Advantages of Life Insurance

Having the right life insurance is essential to planning for your present and your future. Not only can life insurance provide assurance for your family after you are gone, many life insurance options offer other benefits and investment opportunities you can take advantage of while you are living.

Life Insurance Death Benefit – When you pass away, your life insurance provides income (tax-free) to your named beneficiary or beneficiaries that can be used to pay funeral expenses, debt, tuition, estate taxes, or virtually any financial need. Your policy can help provide security for your business as well, by enabling partners to buy out the interests of a deceased partner and prevent a forced liquidation.

Living Benefits – The cash value growth of a permanent (whole) life insurance policy is tax-deferred, meaning you do not pay taxes on the growth of cash value, unless money is withdrawn. Loans or withdrawals can be taken against the cash value of a permanent life insurance policy to help with expenses, such as college tuition or the down payment on a home.

What type of life insurance is best for you? Talk one of our licensed life insurance agents today to find out.  We can assist in identifying the best protection for you.

Reasons to choose an Independent Agent

Save Yourself Time

By shopping with a local insurance agent, we can do the shopping for you. Get 10 quotes or more at once! We’ll provide you many choices by shopping our top insurance carriers to find you the best coverage at an affordable price.

In fact, many of our companies are likely the big ones you’ve heard of. If for any reason you want to change insurance carriers down the road, we can do that for you – you don’t need to change agents.

Get Professional Advice

Instead of guessing what coverage you might need, you can get professional advice by working with a local insurance agency.

Since we specialize in this field, we can listen to your needs and find the right coverage that matches.

We can also ensure you don’t have any gaps in coverage in the event you have an insurance claim.

Understand Your Options

Insurance can be complicated. We try to simplify the process. Not only do we want to help you understand your current insurance policy, but help if you are interested in different coverage options.

Feel confident knowing you’re informed about exactly the coverages you have and what you might want to consider.