When you purchase life insurance, you’re protecting your family’s financial future—but how far into the future are you looking?
Many young families tend to choose term life insurance because of its low initial cost. However, since purchasers are in optimal health at this time of purchase, renewing your term policy can become much more expensive due to age and changing health. If an untimely death occurs after your term insurance ends, your loved ones may be left vulnerable to financial risk.
One of the biggest advantages of a whole life insurance policy is its stability; a whole life policy provides lifelong protection. KSKJ Life understands that your family, health and lifestyle may change quite a bit throughout your lifetime, so this is why we give you control over when you need more or less coverage. Having this type of flexibility in an insurance plan will keep your loved ones comfortable throughout various life stages and circumstances.
If you pay your premium on time, you will have the same price your entire life. This is an added benefit for young families since age and health are two major factors when considering your premium. With this investment in life insurance, your beneficiaries will be paid a tax-free death benefit upon your passing.
Buying a whole life insurance policy is a smart investment for your family’s future and peace of mind. With benefits such as lifelong protection, coverage flexibility and a tax-free death benefit, you can be sure that your family will be protected and comfortable no matter the circumstances.
Interested in learning more about Whole Life insurance through KSKJ Life? Request a quote today from our team that has advocated for families and communities for over 126 years.