Life Insurance in Louisiana

Obtaining life insurance is one of the biggest decisions people put off making because its something no one likes to think about, much less talk about. Its one of the easiest and most important ways to protect your family in the event of the unforeseen Stine Financial can help guide you through the decision making process of which type of life insurance is best for your situation.

Whole Life Insurance:

A whole-life policy is a type of permanent insurance that combines life coverage with an investment fund. A whole life policy pays a stated, fixed amount upon death, and part of the premium goes toward building cash value from investments made by the insurance company. Cash value builds tax-deferred each year that you keep the policy, and you can borrow against the cash accumulation fund without being taxed. The amount you pay usually doesn't change throughout the life of the policy.

Universal Life Insurance:

Universal life is a type of permanent insurance policy that combines term insurance with a money market-type investment that pays a market rate of return. Universal life policies generally don't guarantee a certain rate.

Variable Life and Variable Universal Life:

Please contact us for more information.

Term Insurance:

Another type of life insurance is term insurance, which has no investment component. The life coverage lasts for a set period of time provided you pay the monthly premium. Annual-renewable term is purchased year-by-year.

Let Stine Financial Group help you choose the right life insurance policy for your needs.

Stine financial is a Lake Charles life insurance agent and a Lafayette life insurance agent.