Residents in the greater Ball Ground, GA community have relied upon The Sanford Group for their insurance needs for some time. In addition to providing insurance coverage for our clients’ protection, we also offer life insurance options that can be impactful financial tools.
Life insurance policy types that can also act as financial tools
Term life insurance may be the most widely-known type of life insurance policy, but it is not the only one available. There are other types that not only provide a death benefit but also provide a benefit while you are living. Whole Life and Universal insurance can provide cash-value in addition to a payout upon your death.
With these two types of life insurance policies, it is also possible for the policy to accumulate and provide a cash benefit for the policyholder. Your local agent can review all of the features and benefits of these types of policies with you in order to help you make an informed decision.
Today’s life insurance options are wide-ranging and have financial benefits. If you are looking to add life insurance as a financial tool, it is important to understand how the policies work. There are many unique features that are now available and are worth discussing with your agent. Having a diversified financial portfolio with many different types of assets can help protect you from life’s ups and downs. Don’t miss out on having an effective tool like life insurance working for you!
Contact us today to learn more!
The helpful agents at The Sanford Group are proud to service the greater Ball Ground, GA area. If you would like to find out more about the different life insurance policy options that are available in our area, call or stop by today.