Fida Insurance Group assists the Monroe, CT community by offering them multiple insurance policies. We are committed to helping our clients protect their assets.
It’s hard to predict the future. None of us know where life may take us in five years. That’s why it is important to have protection. Life insurance allows you to have a plan in place in the event of unforeseen circumstances. Life insurance gives your family security so that they do not have to worry once you have passed. Here is a guide to assist you as you research different policies.
Term Life Insurance
Term life insurance covers you for a specified number of years. The policy will likely include renewal language as the end of the term approaches. Term life is a common policy for people who have young children or are in the midst of a long career.
Whole Life Insurance
Whole life insurance provides coverage throughout your entire lifetime. Whole Life insurance policies include several differences from term life policies, including the ability to invest.
Universal Life Insurance
Universal Life insurance provides you with some flexibility. You have control over the length of your policy, as well as the terms.
Sit down with your family and discuss the type of life insurance policy that you believe would be the best fit. This is one of the biggest decisions that you’ll make during your life. Do not wait until you are in your 40s to decide on a policy; start planning today.
Fida Insurance Group Can Help
We can help you prepare for the future by discussing your policy options. Stop by our office in Monroe, CT and we will help you find the right life insurance policy for your situation.