After we determine the amount of life insurance you need, I can help you decide the type of life insurance to purchase. Some life insurance policies provide coverage for a lifetime (permanent insurance) while others will cover you for a specific number of years (term insurance). Some policies build up cash values, while others do not. Some policies may offer benefits; such as the ability borrow against your policy’s cash value, while you are still living.
There are two basic types of life insurance: (I) term insurance and (II) cash value insurance. Term insurance generally has lower premiums in the early years, and does not build up cash values within the policy. Cash value insurance has more expensive premiums in the early years of the policy, and builds cash value within the policy that can be used in a variety of ways.
For more information about life insurance, and to get a personalized quote, please contact me, Cristy Jones, at Cristy Jones Insurance Services: (415) 460-1200 or email: email@example.com.