Life Insurance
You have a lot of choices when it comes to life insurance, it's important to make the right one.
There is good reason that Texas is named for the word “friend.” The sense of community around here is infectious! At 1 Stop Financial Service Centers we have spent over 20 years getting to know our community and many of you have become our friends—we care about you. That is why when it comes to offering you life insurance, we want to get to know you first to be sure all of your needs are covered… and we can do all of that at an affordable rate, too!
What is life insurance?
Life insurance is an agreement between an insurance policy holder (like you) and an insurer that pays your designated beneficiary any benefits you are entitled upon your death. Life insurance provides a peace of mind – if something were to happen to you, your loved ones would not be financially unsound. Additionally, some life insurance policies can actually build equity and have cash value throughout your life. But more on that in a minute…
Whole life versus term life insurance?
Whole life and term life insurance differ in a few ways. While both offer you coverage, the terms and conditions vary depending on which plan you opt for. Rest assured though, regardless of which plan you go with, 1 Stop Financial Service Centers can offer you a policy that is affordable for you.
Term Life Insurance Basics:
- Coverage over a “term” period of your lifetime
- Rates can change after the specific terms expire
- Lower premiums for higher coverage
Whole Life Insurance Basics:
- Permanent
- Can build equity and have cash value throughout your lifetime
- Higher premiums than term life
Some individuals opt for term and whole life combined—this means that you can have a lifelong base of whole life coverage with specific times supplemented with term life insurance.
For many, making a decision on which type of plan to choose is very difficult. Let us take some of the worry out of it for you by helping you decide what is best for you. We understand the unique lifestyles of our Texas clients and we can certainly relate to your needs since we too live here. Don’t have a social security number? Worried about how your pre-existing medical conditions might impact your eligibility? No worries! At 1 Stop Financial Service Centers, we have been insuring Texas residents regardless of these things for years—we know exactly what to do!
To get things started, give us a call at 888-244-0778 today or fill out one of our online quote forms – it only takes a minute and we will get back to you right away! Once we get to know you, together, we can determine the best life insurance policy for you and you can get back to living your life right away!
