Life Insurance in Georgia

Life insurance can be a crucial part of your financial planning. If there is anyone that relies on you for their income, home, and care, then life insurance is critical to your peace of mind and that of your loved ones. Having life insurance will ensure that your family and loved ones are provided for and protected in the event of your death.

There are many different types of life insurance options available in the state of Georgia including:

• Term
• Whole
• Universal
• Variable Universal
• Survivorship

The two basic types of life insurance are term and whole. Term insurance provides coverage for a limited time and will only pay out if you die within the covered time frame. Whole life, on the other hand, will cover you for as long as you keep up on your payments and can even to grow in cash value over time.

Life insurance policies may offer various payout options. For example, you may be able to specify if cash is to be paid out in a lump sum or over time, or maybe even to your favorite charity. Certain policies offer coverage for disabilities, bill paying help, or payments in case of a serious illness. You may even receive annuity payments when you reach retirement age, depending on the type of coverage you purchase.

How do you know which policy is best for you and your family? The choices are many. This is why it is imperative that you speak with one of our Marietta, GA based independent insurance agents. Our agents at LG Insurance Group can explain your options in detail in terms that are easy to understand. We can also go over your current policy in order to make sure it is correct for your current financial and familial situation, and recommend changes that might be necessary so you can have peace of mind.