Life Insurance
Life insurance offers an essential layer of financial protection for you and your loved ones. In the unfortunate event of your passing, life insurance ensures that your family is financially secure, covering expenses like funeral costs, debts, and living expenses.
At Supreme Insurance Agency, we understand that providing for your family’s future is a top priority, and life insurance is a simple and affordable way to give yourself and your loved ones’ peace of mind.
Types of Life Insurance
We offer several types of life insurance policies designed to meet different needs:
- Term Life Insurance: Provides coverage for a fixed term (1-35 years). If the policyholder passes away within the term, the beneficiaries receive a death benefit.
- Return-of-Premium (ROP) Term: This policy returns all paid premiums if the insured outlives the term, offering both protection and a savings element.
- Indexed Universal Life Insurance (IUL): A flexible, permanent life insurance option that combines death benefits with growth potential, based on index interest crediting.
- No-Medical-Exam Life Insurance: Ideal for covering end-of-life expenses like medical bills and funeral costs, offering permanent coverage without the hassle of medical exams.
FAQs
1. How much life insurance do I need?
It depends on your financial obligations, including mortgage, education, debts, and living expenses. A general rule is to have coverage worth 10-15 times your annual income.
2. What happens if I outlive my term life insurance?
With regular term life insurance, the policy expires, and there’s no payout. However, with a Return-of-Premium policy, you get back all the premiums you paid.
3. Is life insurance expensive?
Life insurance is often more affordable than most people think. Term life policies, in particular, offer substantial coverage at reasonable rates.
CONTACT US
- (305) 945-1099
-
1100 NE 163rd Street
North Miami Beach, FL 33162 - info@supremeinsurance.com