Life Insurance
Are there Life Insurance Options?
At Supreme Insurance Services Inc, we offer North Carolina residents access to life insurance coverage from a wide array of quality companies. Generally speaking, life insurance policies are extremely similar from one state to another.
One factor that is unique for those in North Carolina is that all term life insurance policies are protected up to as much as $300,000. This is the maximum benefit that can be offered for a single life. Put simply; it means that even if a person has multiple policies, that is the maximum amount that will be paid.
When you contact our team at Supreme Insurance Services Inc. for life insurance coverage, you will discover we offer several policy options, which include:
- Term Life Insurance: This is the most common type of insurance purchased, and it guarantees the term of the contract, which is usually between 10 and 30 years. With these policies, the premium typically increases every year.
- Whole life insurance: With this policy, you will pay a certain premium until the point when you die, and when this happens, a Death Benefit is paid to the beneficiaries. These policies also build cash value.
- Universal life insurance: This is a hybrid of the term and whole life policies. It is more flexible, and an excellent option for younger individuals.
When it is time for you to purchase life insurance in North Carolina, you may be confused and unsure of how much coverage you should purchase and even the type of policy you need. At Supreme Insurance Services Inc., we can help you figure this out and make sure you get the best policy for your needs and your budget.
Everyone needs life insurance, as everyone is eventually going to pass. Contact us to learn more about the available policies and let us help you get the coverage you need for a price you can afford.
