Best Life Insurance Quotes For Snohomish Washington
Washington State Family Owned Agency Since 2000
Getting a good life insurance policy is the best way to secure the future of your loved ones. It can contribute to easing their financial burden, should you pass away unexpectedly.
If you care about your loved ones, you need to think about their future. Pacific Insurance Group can offer you the right life insurance coverage for your specific situation.
LIFE IS CONTINUOUSLY CHANGING AND SO SHOULD YOUR INSURANCE COVERAGE
The best life insurance coverage is the one that suits best your needs, and it depends on your lifestyle and financial power. In Washington, as everywhere else for that matter, life is constantly changing, and you have to change with it, in order to adapt to your environment. Life insurance should also change with your life. Here are a few life changes that may call for a life policy adjustment:
- You’ve opened a new business or you’ve expanded your old one
- You have a new child or grandchild
- You’ve been through a divorce or marriage
- Your estate is sizeable
- You’ve recently inherited some assets
- You’ve refinanced your home mortgage in the past half year
- You are worried about your retirement income
- You want to secure the education of your child or grandchild
- You’ve bought a new real estate property
- You need to secure long-term care or assistance to a child, grandchild or parent
- Your health or the health of your spouse has deteriorated lately
A FEW THINGS YOU NEED TO KNOW
Pacific Insurance Group will assist you in finding the best insurance coverage to suit your needs. The life insurance products available include the following:
TERM LIFE INSURANCE
Term life insurance is designed to offer you protection for a specific period of time. If you don’t have any life insurance just yet, this product can be your best option. Typically less expensive than whole or permanent life insurance, this policy is available in multiple time periods with fixed premiums, ranging from 1 year to 20 years.
There are situations in which term life insurance can be converted to permanent coverage.
WHOLE LIFE INSURANCE
Whole life insurance is a type of permanent life insurance that remains valid for as long as you live, provided that you pay the premiums as specified in your policy. Due to the fact that whole life insurance policies build cash value over time, they can be equally considered investment opportunities.
UNIVERSAL LIFE INSURANCE
Universal life insurance is a type of permanent life insurance that comes with an unbundled pricing structure and with flexible premiums. It can also build cash value over time, enabling you to earn a decent interest rate.
Which type of policy should you purchase? You can find the answer by getting in touch with a representative of Pacific Insurance Group. We can help you define your needs and pick the right product for your protection.
LIFE INSURANCE BENEFITS
Planning for your future requires getting the right life insurance coverage. It can help you secure the financial future of your family once you pass away, while also offering you a few other benefits such as investment opportunities you can take advantage of during your life. You don’t need to die in order to benefit from your life insurance policy.
Life Insurance Death Benefit: Once you pass away, your life insurance provides tax-free income to your beloved ones. They can use the money to pay for your funeral expenses, estate taxes, debts, tuitions or anything else they want. This policy can also help providing security to your business by enabling your partners to buy out your shares and avoid forced liquidation. This will help them stay in business and avoid bureaucracy, should you pass away unexpectedly.
Living Benefits: A whole life insurance policy has a cash value growth which you don’t have to pay tax on unless you decide to withdraw the money. If needed, you can withdraw money or take loans for the down payment on your home or for college tuition.
We offer all our Washington clients the right insurance coverage to suit their specific needs. If you want to find out more about the opportunity to protect your family, contact the Pacific Insurance Group today, in order to choose the right life insurance coverage.