Individual Life Insurance in Chapel Hill, NC
Protecting you and your Family from the Unexpected
Life insurance exists to protect and provide for family and loved ones in the event of an unexpected passing. Preparedness for such a moment is essential, and life insurance helps one prepare. In the event of a policy holder’s death, individual life insurance pays a predetermined amount to a beneficiary. 1 It provides reimbursements for funeral costs, estate taxes, and lost income. Life insurance also helps fund education, pay mortgages, and ensure that dependents are able to maintain their lifestyles. At All About Insurance we have a strong yet flexible life insurance program, and through this program we tailor solutions to individual clients. We’ll identify the right policy for you and as a result you’ll have the best coverage possible for the right price.
Individual Life Insurance Coverage Details
There are a number of different kinds of life insurance, including term, whole, and universal. Life insurance policies adapt to suit the policy holder, so each policy is unique to its holder. All policies, at the most general level, account for the probable risk of death for the applicant; factors like age, health, and frequency of travel help agents to determine this risk, and the policy’s price. Likewise, your monthly premium will also depend on the amount you’d like your beneficiaries to receive in the event of your death, which will be at your discretion. We’ll help you identify the right kind of life insurance and ensure that you get the coverage that works for you.
We work with a number of carriers so that we can give you the best possible selection of life insurance options, which include:
- Term life insurance (the simplest and least expensive option)
- Annual renewable (term life)
- Level term (term life)
- Whole life insurance (the most common option)
- Universal life insurance (a more flexible option than term or whole)
Life insurance is an investment. With attention to detail and consideration for individual needs, we create policies that provide complete protection in cost-efficient ways. We’ll make sure that you understand your policy completely. Contact an agent to learn more.
As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure these strategies and products are suitable for your long-term life insurance needs. You should weigh your objectives, time horizon and risk tolerance as well as any associated costs before investing. Also, be aware that market volatility can lead to the possibility of the need for additional premium in your policy. Variable life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, underlying fund charges and expenses, and additional charges for riders that customize a policy to fit your individual needs.
What you can expect
While the basic premise of life insurance is not complicated, it can be difficult to get right without the assistance of a licensed agent. At All About Insurance our agents work closely with clients in order to identify the right coverages and to create the best possible policies. Once policies are in place our agents monitor these policies and keep clients informed. In the event your life insurance is claimed, we’ll assist your dependents and beneficiaries with collecting the disbursement.
We’re reachable at almost all times, so whenever clients want or need to get in touch with us, they can.
Additional Individual Life Insurance Information:
- North Carolina Life Insurance Information and Resources’ (The North Carolina Department of Insurance)
- Life Insurance Buyer’s Guide (The National Association of Insurance Commissioners (NAIC))
- Life Insurance Information and Resources (The Insurance Information Institute (III))
We are proud to provide individual life insurance in Chapel Hill, Raleigh, Durham, Eden, Burlington, and Cary, NC. We also serve other areas in the state.
This website contains hyperlinks (or "links") to other websites that are not associated with this site. Such unassociated websites may contain links to other unassociated sites as well. These links are provided as a convenience to you and to assist in your search for information. We make no endorsement, expressed or implied, about any of these linked sites, are not responsible for materials posted or activities that occur on such linked sites, and do not review (i) content or advertisements posted on or (ii) activities occurring on these linked sites
1"Life Insurance." Gale Encyclopedia of Everyday Law. Ed. Donna Batten. 3rd ed. Vol. 1: American with Disabilities Act to First Amendment Law. Detroit: Gale, 2013. 641-644. Gale Virtual Reference Library. Web. 17 Nov. 2015