The purpose of life insurance is to provide financial security for loved ones in the event of the policyholder’s death. There are different types of life insurance policies, including term life insurance and whole life insurance. The type of policy chosen depends on the individual’s needs and financial goals. Life insurance policies can have additional features, such as riders, to provide additional benefits or coverage.
Alfa has different types of life insurance policies available, including Term Life Insurance and Whole Life Insurance.
Term Life Insurance
Term life insurance provides coverage for a specific period of time. It is the most affordable type of life insurance and is ideal for those who need coverage for a specific period, such as until they pay off their mortgage.
Whole Life Insurance
Whole life insurance provides coverage for the entire life of the policyholder, as long as premiums are paid. It also has a cash value component that grows over time and can be borrowed against or used to pay premiums.
We have several resources to help you determine your specific needs, all while keeping your budget in mind.
Secure your loved ones’ future with The Jerry Reid Agency. Contact us today for a consultation and let our experts guide you toward the right life insurance plan for your family’s financial protection.