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
People often think that they can wait until they are old before purchasing life insurance, but this is a risky proposition. In fact, age has little or nothing to do with when one should purchase life insurance, other than the fact that the older you get, the more...