As an insurance broker, Connell & Curley Insurance Agency, Inc. offers its customers life insurance, either as term life insurance policies or as whole life insurance policies. Life insurance protects your children, loved ones, heirs and estate in the event you die early.
Here at Connell & Curley Insurance Agency we offer our clients life insurance, either as term life insurance policies or as whole life insurance policies.
Life insurance protects your children, heirs and estate when you pass away. Increased life insurance serves to pay off your mortgage, preventing your loved ones from suffering from any financial burden. In later years, life insurance can protect your retirement, leaving your heirs (spouse and children) financially equipped to cover miscellaneous costs after your demise, including burial and memorial costs. For questions on life insurance, click here.
Term life insurance is offered and guaranteed for a certain amount of years - typically for 10, 15, 20, or 30 years. The minimum amount of term life insurance coverage starts at $100,000, and goes up in increments of $10,000. Term insurance is more widely bought, because it is much less expensive than whole life insurance policies.
Whole life insurance policies (which are in effect until the person dies,) are usually more expensive than term policies. It should be noted that usually during the first five years of most term life insurance policies, they can be converted to whole life insurance policies, usually without a medical exam or a physician’s certificate.
Connell & Curley Insurance Agency are a team of independent brokers who offer quality financial planning via a strategic alliance with certified financial planners who specialize in financial planning, with 401(k) plans, SEP plans, executive benefit plans, business transfer planning and retirement planning. For a free consultation on retirement planning, please click here.
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