Life Insurance Protects Those You Love
No one wants to think about what would happen if they were suddenly taken by an accident or illness. However, families face this tragic crisis every day. Life insurance is one way to be sure that your family will be provided for if the worst was to happen. Ramona Insurance can help you find the right coverage to protect your family in the event of your death, pay for your funeral expenses and defray debts you may leave behind.
For fast quotes on affordable life insurance options, contact Ramona Insurance today at 760-788-9558.
Ramona Insurance Offers Range of Life Insurance Products
There are several types of life insurance policies, all of them payable upon the death of the insured person. Term life insurance is a form of insurance on which the insured pays a pre-determined premium monthly, quarterly, semiannually or annually in exchange for a guaranteed payout upon his or her death to the policy’s beneficiaries. However, unlike other types of life insurance, term life is limited by a term of years. Many people choose term insurance because of its affordability.
Whole life insurance is different than term life in that it usually builds value. If an insured person decides to “cash in” the policy, there is usually some cash value that can be accessed even before the insured’s death. Further, whole life often accrues interest on the non-distributed portion of the policy’s earnings. Whole life is usually more expensive than term life; however, at the end of the policy period, the cash value of the policy will remain in effect until the death of the insured person.
Annuities are another form of financial vehicles that can be used as part of an estate plan to create a steady income stream for recipients. Annuities, trusts and other estate planning matters can be a good way to support an elderly loved one or a child if you are unable to take care of them yourself.
Burial policies are a special form of life insurance that pays for funeral expenses. Some of these policies guarantee protection against rising funeral costs, while others simply pay a flat amount.
No matter what type of life insurance you want, the experts at Ramona Insurance can help.
For the best options in life insurance, call Ramona Insurance today at 760-788-9558.
Create an “Instant Estate” With Life Insurance from Ramona Insurance
Life insurance can create an instant estate for your loved ones to pay bills and give them support for the future. For example, you may wish to designate a portion of your life insurance proceeds to pay off your mortgage so that your family can remain in their home. You may also want life insurance proceeds to be put into a trust for your children to pay for their college education. Whatever you want to do with your life insurance proceeds, Ramona Insurance can find the right policy at the right price to suit your needs.
Ramona Insurance is an independent insurance agency, so our professionals are free to compare dozens of life insurance policies to ensure that we find the right insurance for you. Contact us today to learn more about life insurance options.
If you are looking for cheaper, better life insurance, call Ramona Insurance today at 760-788-9558.