Term Life Insurance Plans

Purchasing life insurance is a very important step in protecting your family in the event of your death. Two popular types of life insurance include Term Life Insurance and Universal Life Insurance. It is very important to really understand each of these options and weigh the benefits of each carefully prior to purchasing Life Insurance.

Term Life Insurance is the most popular type of insurance sold in the United States and is the most affordable life insurance you can buy. Term Life Insurance will help cover your family during the years that you need the protection of life insurance the most. You choose the amount of coverage as well as the length of time you will be covered. Ten, fifteen, twenty and thirty year terms are available. Many policies will guarantee that your premiums will not change during the term period you select. At the end of that term, the policy will expire. With many policies, you can elect to renew the policy although it will cost more due to your age. You will also be subject to medical underwriting to determine your eligibility and the premium.

Universal Life Insurance Plans

Universal Life Insurance policies include a savings portion of the policy that grows on a tax-deferred basis. The insurance company invests a portion of your premiums in bonds, money market funds, etc. The return on these investments is credited to your policy on a tax-deferred basis. The policy applies a guaranteed minimum interest rate so that no matter how the investments perform, you are guaranteed a certain minimum return on your money. If the insurance company does well with its investments, then there will be an increase in your cash accumulation. Many Universal Life Insurance policies today offer a guarantee that your policy will not lapse as long as you pay the minimum designated premium. Most policies will stay in force to age 100 or more.

Information Quotes & Rates

The insurance professionals at Bottom Line Insurance Consultants are experts in all different types of life insurance. We can help you determine which type of life insurance policy best meets your needs, at the best price. Since we are paid directly by the insurance carriers, we can provide this service at no cost to you.

If you are interested in purchasing a life insurance policy to protect your family, please contact the Insurance Plans Professionals at Bottom Line Insurance Consultants a call today. We look forward to helping you with this very important decision.

Term Life Insurance Plans | Universal Life Insurance Plans | Information Quotes & Rates

Bottom Line recommends that you talk to one of our consultants before applying on any website including ours.   When comparing benefits from each carrier, the benefits aren't always as they appear.  You are making an important decision.  Call for complete policy information before applying. 

There is no added cost when applying through Bottom Line or for consulting with our insurance professionals.  Premiums are the same as buying direct from the insurers and you get ongoing customer service year after year at no added expense to you.