Life Insurance Services
Life insurance protects your family's financial interests by providing non-taxable income in the event of your death. There are two basic types of Life Insurance, Term and Whole Life Insurance. iChekedMyRate.com allows you to view both types of Life Insurance Rates from multiple companies at the same time, so you can choose the Best Rate. You may check for the Lowest Life insurance rates in Fort Worth, TX with iCheckedMyRate.com, sponsored by Chambliss Premier Insurance. We have been specializing in Life, Home, and Auto Insurance, since 2015. We don't sell or market information, so you'll not receive calls from multiple insurance agents.
Term Life Insurance
Term insurance is the most affordable type of Life Insurance. (Term) is the number of years the policy will last. A 30-year term policy, for example, will continue as long as the premiums are paid. The way the policy works is that you purchase a certain amount of coverage ($100,000) for a certain amount of time (30 Years) for a set monthly price ($15.00). If you live over the term, you may be able to renew the insurance. If you die before the term period ends, the plan pays your beneficiary 100% of the coverage amount (also known as the death benefit).
Whole Life Insurance Policy
Whole life insurance, also known as permanent life insurance, protects you for your whole life and pays your beneficiaries the death benefit as long as your premiums are paid. The policy also builds what is known as cash value. The policy's cash value grows slowly and is tax-deferred. Tax-deferred means you will not have to pay taxes on the monetary gains while they are accumulating. You can borrow against the cash value inside of the account or surrender the policy for the cash. However, if you do not repay the policy loans with interest, you will reduce
