by Patriot Life Agency | Mar 12, 2022 | Uncategorized
When you purchase a life insurance policy, you are essentially betting that you will die before the policy expires. If you do die before the policy expires, the insurance company pays out a death benefit to your beneficiaries. If you don’t die before the policy...
by Patriot Life Agency | Mar 11, 2022 | Uncategorized
There are a lot of factors to consider when deciding whether or not to get life insurance. Some people may feel like they don’t need it because they are young and healthy, while others may feel like it’s a necessary precaution. Here are some things to think about when...
by Patriot Life Agency | Mar 9, 2022 | Uncategorized
Life insurance is a contract between an insurer and a policyholder. The insurer agrees to pay a designated beneficiary a sum of money (the benefit) upon the death of the policyholder. Life insurance can be purchased for many purposes, including estate planning,...
by Patriot Life Agency | Mar 9, 2022 | Uncategorized
When it comes to life insurance, there are two main types: term and whole life. Term life insurance is pure insurance protection; you pay a premium for a set amount of time and, if you die during that time, your beneficiary receives a death benefit. Whole life...
by Patriot Life Agency | Dec 30, 2021 | Uncategorized
Many people purchase life insurance as a means of financial security for their families and loved ones. If you have a mortgage, why do you need life insurance? You need life insurance because the cost of your mortgage will still exist if something were to happen to...
by Patriot Life Agency | Dec 19, 2021 | Uncategorized
Life Insurance 101 So, what is life insurance? Life insurance is a policy that provides financial protection in the event of the policyholder’s death. The policyholder pays a premium, and if they die while the policy is in effect, the insurance company pays out...
