Life Insurance Policies in Somerset, KY
When it comes to life insurance, it can be stressful trying to figure out what will best provide for your family. Pearson Insurance Agency in Somerset, KY, represents numerous reputable life insurance companies. With our access to various options, we can evaluate your situation and help you pick a policy that is best for you based on your circumstances and financial goals.
Universal
Universal life insurance is a great method for providing financial security for your loved ones following your passing. This type of life insurance is permanent as long as each month’s premium is paid. With a universal life insurance policy, your monthly fee will be split; one part will go toward covering life insurance, and the other part will go into savings and investments, accumulating interest over time. These policies offer greater flexibility, as you can decide how much premium you pay.
Whole
Whole life insurance is another form of permanent life insurance. This method is not as flexible as universal, but it does offer a greater guaranteed cash payout. Whole life insurance is a great choice for anyone looking to provide for loved ones long term, covering education costs, property payments, and loss of income.
Term
If you’re not interested in permanent life insurance, term life insurance may be an option for you. Term life insurance provides coverage for a limited period of time, with the payment rates fixed. The professionals at Pearson Insurance Agency will help you figure out if a policy that serves for a specific period of time is best for you and your family based on your specific situation.
Learn More Today
Regardless of the type of life insurance policy you need, Pearson Insurance Agency is here to serve. We have years of experience helping families find the perfect policies to fit their needs and provide financial security after a loved one’s death. Call us to learn more about the life insurance options we can provide.