Life Insurance
Life insurance is an important investment. The experts at Aventura Insurance Group have years of experience specializing in Florida life insurance and can guide you in choosing the perfect plan.
Life insurance is an agreement between you (the policy holder) and the insurance company, where you agree to make payments to the company and in return the company agrees to pay a sum of money to a person of your choosing when you pass away, protecting your financial resources.
If you are considering purchasing a life insurance policy, it’s important to be aware of all of your options. These are the different types of life insurance:
- Term Life Insurance. This type of life insurance requires regular fixed payments in exchange for coverage for an agreed upon number of years. This plan only pays a death benefit if the insured passes away before the plan expires.
- Whole Life Insurance. This policy also requires fixed payments on a regular schedule and guarantees coverage up to a certain age. Whole life policies guarantee a death benefit even if the insured outlives their policy.
- Universal Life Insurance. This plan differs from the above by allowing payments of varying amounts at any time. Coverage from universal life plans can be maintained indefinitely.
For more information on Florida life insurance and how to choose the right policy for you, contact us consult with an expert today.
