There are some things in life you have control over, such as where to go on vacation this year. Then there are those you have no control over, like preventing a breadwinning family member from dying. There is no dollar amount you can weigh your family against. What you can do, however, is ensure that your surviving family members have a safe future after your demise. Predicting the unexpected to happen is impossible. But preparing for it isn’t. This post will discuss why you should consider protecting the future of your family with Erie Life Insurance in Henderson, KY.

What is a Life Insurance Policy?

A life insurance policy is a contract between an insurer and a policyholder. The policyholder agrees to pay a premium, and the insurer agrees to pay a benefit to the policyholder’s beneficiary upon the policyholder’s death.

The Types of Erie Life Insurance Coverage You Can Buy

The main types of Erie Life Insurance in Henderson, KY you can invest in include:

1. Term Life Insurance: Term life insurance defines a specific period of time during which the coverage is in place, for which premiums must be paid. The death benefit will only be paid if the policyholder dies within that period. Term life insurance is typically less expensive than permanent life insurance policies.
2. Whole Life Insurance: Whole life insurance is a type of permanent life insurance that provides coverage for your entire lifespan. Whole life insurance policies typically have a higher premium than term life insurance policies, but the death benefit is guaranteed. With the cash value build up in a whole life insurance policy, it can be used to secure a loan or borrowed against.
3. Universal Life Insurance: Universal life insurance is a type of permanent life insurance that provides coverage for your entire lifespan. Premiums are paid over time and this pays cash value to an account within the policy which builds up a net worth based on interest rates and premium payments. There is no set “term” because there is no end date on when coverage ends; it can last one’s whole life through (hence its name). However, unlike traditional whole life policies, universal life allows for changes in annual premiums according to market conditions. The amount of premium due also increase if the insured person’s risk of dying increases.

About Best Insured

Best Insured is an Erie Insurance partner insurance firm. Together, the two insurance companies are selling Erie Life Insurance in Henderson, KY, among other states. Founded in 1925, Erie Insurance has had 97 years of experience so far. Over the years, it has carefully built itself a loyal client base and dependable reputation in the insurance market. Now, Best Insured is helping Erie reach an ever wider set of clients by offering Erie Life Insurance in Henderson, KY.

The Benefits of Buying Erie Life Insurance

There are several benefits of buying Erie Life Insurance in Henderson, KY:

First, Erie Insurance is a well-known and reputable company. It has been in business for 97 years, and is rated A+ by the Better Business Bureau. Erie is also popular for its excellent customer service.

Second, Erie offers a wide variety of Erie life insurance in Henderson, KYpolicies to choose from, so you can find the perfect policy for your needs.

Third, Erie has a competitive pricing structure, which means you can get quality coverage at a price you can afford.

Fourth, Erie is known for its innovative products and features. For example, it offersGuaranteed Issue Life Insurance, which means you won’t have to sit through any medical exam to qualify for it. Erie Insurance also offers a unique maternity rider, which covers the costs of an unexpected pregnancy. Erie Insurance policyholders can also receive up to $400,000 in additional coverage with Erie’s Umbrella Insurance Policy option.

Fifth, Erie has its own funeral home and cemetery division.This means it can offer more affordable rates than other companies on burial plans for people who invest in Erie Life Insurance in Henderson, KY.

Why Buy Erie Life Insurance via Best Insured?

There are many reasons why Erie life insurance in Henderson, KY via Best Insured may be the best option for you:

• Since we partner with several insurance agencies, it gives us a whole network of insurance providers that helps us provide you the best insurance quotes, service, and protection: Having a number of choices and different levels of coverage in various policies helps clients pick the best one.
• Best Insured is a licensed insurance policy advisor: We help clients make an informed choice, by explaining them everything they need to know. We discuss the pros and cons of different policies, so they know what they are in for, ahead of time. Our staff also explains them legal technical aspects.
• We stay connected with our clients at every stage: Best Insured has professional insurance agents who ensure client satisfaction is always high. We constantly update you on whatever changes are being made to your policy. This is why clients feel they can rely on us!
• Best Insured has an entire array of policy alternatives: This is thanks to the wide network of insurance providers we have built. We treat each client differently. Some of them need additional options to complement and increase the amount of coverage. We do it for you.
• We are available 24/7: The relationship we foster with our clients does not end the moment they sign the insurance papers. In fact, that’s where it begins! Be it updating your current life insurance policy, or buying adds on to raise coverage, or explaining technical stuff, we will do it for you, whenever you want!

To sum it up, Erie Life Insurance in Henderson, KY is worth considering if you want to make a worthwhile investment for your family members. It will help you secure their future even after you pass. The Best Insured experts would be happy to help you choose the right type of policy for you.