Life Insurance in Moncks Corner, SC

Life insurance is an essential tool for securing your family’s financial future. Understanding which option best aligns with your life goals and needs is crucial.

Contact Carey Insurance LLC today to learn about life policies and get a personalized quote.

What Are the Different Types of Life Insurance?

There are two main categories of life coverage, including the following:

• Term life—This is the most straightforward type of insurance. It provides coverage for a specific period, usually 10 to 30 years. If you pass away during the term, your beneficiaries can apply for the death benefit.
• Permanent life—This insurance covers you for your entire life as long as the premiums are paid as promised. Apart from the death benefit, it also includes a cash value component that may grow in value over time and can be borrowed against. Examples of permanent life include whole life and universal life plans.

How Much Does Life Insurance Cost?

Insurance costs can vary based on the policy type, age, health, lifestyle and coverage amount. Term life coverage is generally less expensive than permanent life coverage.

For an accurate estimate, consider getting a personalized quote that considers your circumstances and coverage needs.

Contact Us

It’s essential to reassess your insurance needs at different life stages, such as after getting married, having children or nearing retirement, to ensure that your coverage aligns with your changing circumstances.

Contact the agents at Carey Insurance LLC in Moncks Corner, SC, to learn more about your insurance options and get a quote.