Life insurance will pay out a death benefit incase someone passed away.

The three kind of life insurance policies are term, whole life, and universal life.

Term insurance is the cheapest kind of life insurance. An example of a term life insurance policy is a 20 year term $500,000 policy. This means the insurance policy is good for 20 years and if you passed away within those 20 years, your beneficiary would get a $500,000 check.

These death benefit checks you can use for anything. Burial expenses, paying off a mortgage, paying medical bills, or anything else. The benefits received from the life insurance policy can cover your finances while giving you time to grieve and be with those you love!

If you are interested in getting a quote for life insurance please reach out to us we would love to be of assistance. We are a free resource to you!