Whole life insures you for your whole life and pays a cash benefit to your designated beneficiaries. Most of our whole life plans are available from birth to a maximum age of 85.
One advantage of whole life coverage is that it gains cash value that accumulates on an annual basis. This cash value is available to the policyholder for a loan on the policy or if the policy is surrendered. Policy loans are currently available at 10% interest.
Protect your loved ones from financial burden. The stress of financial burdens can be eased with a term product.
Term Life policies provide greater coverage for a smaller premium and they insure you for a specific time. Term policies are great for debt or mortgage protection.
With a Decreasing Term Life Insurance policy, Germania can help your family protect what's most important in their lives by covering everything else.
From paying off student loans and buying your first home to helping your children move out of the house, different stages of life carry different financial needs. As your pay off your debts (like a mortgage or car payment) those financial needs decrease. A Decreasing Term Life Insurance policy is like Term Life Insurance, except the death benefit decreases over the life of the policy. This means you can purchase a greater amount of coverage for your family at a more affordable premium.
Because the benefit is paid directly to the beneficiary in your family, it can be used to pay off any outstanding debt – not just a mortgage.
Texas is big! It’s filled with diverse people, environments, weather, and homes. With so many different ways to live, your insurance needs to be flexible enough to cover the way you live. Kelley Insurance Agency, offers a variety of customizable property and liability insurance products, coverages, and endorsements. Our staff is here to help when you are considering our Life Insurance coverages.