What type of life insurance should I get?

Anyone that lives in the Astoria, OR area will have many different types of insurance that they need to obtain. One very important form of insurance that anyone here needs to consider getting is life insurance. This form of insurance will provide protection to your dependents. There are two common forms of life insurance you should consider when picking your next policy.

Term Life Insurance

A very common form of life insurance that many people choose today is term life insurance. When you get a term life insurance policy, you will be able to build a policy based on your personal needs. This will include having a coverage amount for a defined period of time, which could range for over 25 years. Compared to other forms of coverage, this is the more affordable option in many cases. However, coverage will end once the term of the policy is over.

Whole Life Insurance

Another type of insurance that you can consider getting is whole life insurance. When you get this insurance, you will obtain coverage for the rest of your life if you want to have it. While premiums tend to be more than with term life, some of your payment will grow and accrue in an account that you could liquidate in the future. This can make it a good addition to any financial plan.

As you are shopping for life insurance in and around Astoria, OR, you should call Linda Dugan Insurance. Choosing a new policy is never easy and you are bound to have a lot of questions. If you do call Linda Dugan Insurance, you can learn a lot more about your different options. This could help to ensure that you choose a policy that is right for your situation.