Life Insurance in Kentucky
Are you looking for information about life insurance in Flatwoods, KY? Roark Insurance Agency can help you understand this type of insurance and why it's important, especially if you have people depending on you. The last thing you would want is for those you leave behind to worry about how they will survive while grieving your death. There are a few types of life insurance you need to know about, as mentioned below.
Term Life Insurance
This is one of the main types of life insurance. It's called term insurance because it gives you coverage for a specific amount of time. Under this policy, your loved ones get a set death benefit if you pass away within that term. If it expires, you must apply a new policy to ensure you remain covered.
Whole Life Insurance
Just like the name suggests, this type of coverage doesn't have an expiry date. It will cover you until you pass away. Anyone who doesn't want to deal with a policy that expires should consider this coverage. In addition, it has a cash value that builds up, and you can borrow against it whenever you want to.
Don't Put Off Getting Life Insurance
Selecting life insurance can be overwhelming, which is why most people procrastinate getting it. However, there's no better time than now to get this policy if you have dependents. It's never too late to ensure your loved one's financial stability. And the good thing is that you can pick a policy that meets your needs.
If you're yet to get life insurance or are thinking of getting more coverage, contact us today. Roark Insurance Agency is passionate about helping the residents of Flatwoods, KY find the right life insurance option. Simply tell us your needs, and we will suggest a policy that suits you.