You never know when it's time for you to pass…

Do you have enough Life Insurance to take care of your Family?

Life Insurance is a good investment and determining how much Insurance is enough will depend on whether one wants or needs to pay off the mortgage, outstanding bills, leave a legacy to an individual or organization or just to cover the cost of the funeral.

Having a plan to determine which type of insurance to have will help you avoid the surprise too many people face.

There are 2 types of Life Insurance:

• Temporary (Term Life)
  Typically, Term life is used to purchase higher dollar amounts and is cheaper overall, but coverage will end at the end of the 10, 20 or 30 years purchased. One has to remember that the cheap rate will also end, eventually, and be prepared to have coverage the rest of their lives as well.
• Permanent (Whole or Universal Life)
  Whole Life is defined as a life insurance policy that remains in force for the insured's whole life and typically requires premiums to be paid every year into the policy. Whole life can also be purchased as a one-time payment or paid off in 20 years.

What’s Best?

A professional, knowledgeable insurance agent can help you review your specific needs and decide what is right for you and your family.

For the majority, we usually recommend a blend. Use Term life to cover the higher dollar amount. Whole or Universal life to cover you for your entire life as well as being there to pay for your final expense needs.

About the Article Contributor:

Jim Dinaso of Total Healthcare is located in Cleveland, TX.
With over 9 years experience in the insurance industry Jim serves individuals with a personal promise of an open, honest and informative insurance consultation.
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