Life Insurance in Excelsior
If you are looking for the very best life insurance policies on the market, you’ve come to the right place. The team of experts at Schmidt-Andrus Agency Inc. has access to the most affordable life insurance rates, offering unparalleled advice and guidance to clients of all ages and backgrounds.
If you’d like to know more about what we have to offer, get in touch with us now at (952) 474-5435 to set up a commitment-free consultation.Book An Appointment
Schmidt-Andrus Agency Inc.’s Life Insurance Coverage Options
There are a few standard types of life insurance that you should be familiar with as you start to shop for coverage, including term life insurance and whole life insurance.
Term Life Insurance
Term life insurance tends to be the most affordable option, and you may purchase it in increments of five years. Term insurance is a good starter option for younger, healthier individuals who are just getting a head start on their life insurance plan but do not need extensive coverage.
Whole Life Insurance
Whole life insurance, on the other hand, acts similarly to an investment. While there are different sub-categories, you may purchase this insurance option in addition to other end-of-life investments.
Understanding Life Insurance
Life insurance is a contract between an investor and an insurance company. The purchaser will pay premiums to an insurance company in exchange for receiving a certain amount of money back upon their death. This amount is usually paid out to beneficiaries.
People have different reasons for taking out life insurance. Sometimes, they are older and are looking for additional investments to support their retirement. Others want a shorter term, basic policy, to give them peace of mind for the future.
Some other reasons you may want to purchase life insurance could be that you’re starting a family or that you want coverage for final expenses such as your funeral costs. Regardless of your reasoning, we can help.
If you have questions regarding which life insurance options are best for you, book a consultation with one of our advisors today.
Selecting the Best Life Insurance for Your Needs
Even though life insurance plans become more expensive later in life, there are affordable plans designed specifically for seniors who are looking to get their finances in order.
When you get in touch with us, we will take the time to conduct a thorough consultation. Our brokers will consider your unique circumstances before making recommendations of plans that would suit your needs and fit your budget.
Call Excelsior’s Best Life Insurance Brokerage Now
When you choose Schmidt-Andrus Agency Inc. as your life insurance broker, you are choosing professional advice, ongoing support, and access to the very best rates. We understand that having reliable life insurance is crucial to your peace of mind, and we will do all we can to make the process as simple as possible.
Call (952) 474-5435 now to set up a consultation. Our specialists are more than happy to assist you in choosing the best life insurance option possible.