Life Insurance Policies and Options
There are two major policy options that we provide:
Term Life Insurance
Term life insurance is often the most affordable type of insurance you can buy. Generally, you pay premiums monthly or annually and your family is protected for that “term” (example 10, or 20 years). When the term of your policy ends, so does your coverage.
Due to its affordability, many clients purchase term life insurance and as their wealth grows, they convert to permanent life insurance.
Whole Life Insurance or Permanent Insurance
In contrast to providing protection for a set number of years or “term,” whole life insurance protects you as long as you live. The policies have fixed premiums and a cash value payout that slowly accumulates. When you die, your loved ones typically receive the death benefit of the policy at the time of your death.
Life Insurance Benefits
The right insurance policy will give your family financial security even when you are no longer with them. Having a good policy can be an essential part of your financial strategy that helps ensure your family is financially secure even after you are gone.
Policies can offer many benefits such as:
- Paying off debt or income replacement
- Leaving an Inheritance
- Paying taxes
- Contributions to charity
- Ensuring your final costs are paid for and not burdened onto your family
Life Insurance Coverage and Protection
Don’t let your family be caught off guard. Regardless of your age or circumstances, purchasing life insurance is the best way to protect your loved ones from financial hardship when you are gone. We offer two major life insurance options: term life insurance and whole life insurance. We will guide you through which policy will work best for you and your family, being sure to answer any questions you may have along the way. Grindell & Romero Insurance will also compare policies and rates to help make sure that your family is taken care of.
An Insurance Agency You Can Trust
Grindell & Romero Insurance has offered personal and commercial insurance to Las Cruces, NM since 1888. Being an independent insurance agency, we are able to find and offer the best choices for our clients. We offer a large selection of insurance policies including Home Insurance, Car Insurance, Life Insurance, and Business Insurance. Our staff works for you and not for the insurance companies. With us, you will get the support and knowledge to help you make the best possible insurance decision. Call us today to see what we can do for you!
Protection You Need. Today.
Let Grindell & Romero help you choose an insurance policy that best fits your individual needs. A well-chosen policy can protect you as well as your family. We are here to help you through this important investment give us a call today to get started – 575-524-8531
Life Insurance Resources
The emerging fashion of buying everything online has entered the insurance industry in form of no medical exam life insurance. This is is no wonder seeing how the whole family can get protection within minutes from the comfort of their home. This new alternative is...
People do not want to think about death at any point in their lives. However, there are many reasons why you might want to start thinking and planning for it. A life insurance policy gives your family financial security even when you are no longer with them. Having...
A lot of thought goes into shopping for a life insurance policy and it’s bound to prompt many questions. Typical when you buy a life insurance policy, you are making a long-term commitment for 10, 20, or even 30 years, so it is important to do your research. Choosing...