Life insurance can help you plan for the future and protect those you care about from financial hardship in the event of your passing. You set an amount of money you want your beneficiaries to have and after your death, these benefits set in. If you have family members dependent on your income or want to make sure they have life insurance death benefits, get started with a life insurance policy.  

Connect with a Rising Star Insurance Group to get started with coverage or learn more.  

Types of Life Insurance Coverage 
There are different lengths to life insurance policies. Which one you choose is up to your needs. There are two types of life insurance:  

• Term life insurance—This coverage provides a death benefit if you die during the policy’s term, which is usually between five and 30 years. This is typically the least expensive type of life insurance, and some insurance companies may allow you to qualify without a medical exam. 

• Permanent life insurance—This policy provides coverage for as long as you live, so your beneficiaries receive a payout no matter when you die. With a permanent policy, like whole life insurance or universal life insurance, there’s a savings component in addition to the death benefit. The cash value of the policy builds over time, and you may be able to eventually take out a loan against the policy’s value. If you no longer need the death benefit, you may also be able to receive a lump sum cash payment when you surrender the policy.

Which policy is best for you will be determined by your priorities and why you are seeking coverage in the first place. To discuss your needs, contact an agent today.  

How Much Does Life Insurance Cost? 
The cost of your life insurance policy can depend on a few factors: 

• The age you are when you purchase coverage 

• The amount of death benefit you purchase

• Your health status at the time of purchase

To receive a quote on coverage, contact your agent to discuss your factors.  

Start Life Insurance Coverage Today 
Your Rising Star Insurance Group agents are ready to assist you with questions or concerns you have about a life insurance policy. It’s important to note that the younger you are, the cheaper your policy will be. To get started with coverage, contact an agent today.