A Life insurance policy is a contract in which an insurance policyholder pays routine costs in exchange for a lump-sum death benefit paid to the insurance policy holder’s beneficiaries. The lump-sum benefit is paid when the policyholder either dies or a specific amount of time has passed. Life insurance plans can offer economic safety and security by replacing lost earnings and also covering expenditures.
Everyone deserves a secure financial future and that’s why life insurance is so important. Whether you are just starting out or you are getting ready to retire, a life insurance policy can help you give your family financial peace of mind if you are no longer there to provide for them.
Whether you would like to help your family maintain its current lifestyle, pay college costs or leave a legacy for future generations, the Wilkinson Insurance Agency has options to fit your needs and budget.
Term life insurance policies are often some of the lower priced life insurance policy options, but it is only for a temporary length of time, depending on the policy selected.