Life insurance is a crucial step in planning for your future and your family’s future. It can fulfill promises and obligations to your family if you are no longer living. However, life insurance can be complicated and confusing. At Sartori Insurance, we aim to clear the confusion and make the process as simple as possible.
Though there are a variety of life insurance policies, most of them fall under two categories: term insurance and whole life insurance. Basically, term life insurance lasts only for the designated amount of time listed in the policy where whole life insurance covers you for your entire life. Our licensed life insurance agents will thoroughly explain the difference between the two and determine which policy best fits your unique circumstances and financial goals.
The death benefit is income-tax free and can be used to cover funeral expenses, repay debt, provide education, pay estate taxes or any other expenses your survivors may incur.
Life insurance may also be used to help ensure that a family business will pass to your intended survivor. There are also benefits to certain types of life insurance plans during your lifetime.