Note: As stated in our "Terms of Service" (TOS) agreement, descriptions of insurance coverage on this web site are for informational purposes only and may not apply, or be included on your policy. Please contact us to confirm coverage provided on your insurance policy or policies your are contemplating purchasing.
Offices in Houston, Baytown, and Pasadena Texas.
AGENCY LICENSE # 3664
Copyright @ 2007 Harris County Insurance Center - All Rights Reserved
Term Life Insurance coverage lasts for a "term" you choose, usually 10, 15, 20, or 30 years. During that time, your premiums are guaranteed not to increase. If you pass away during that time period, your beneficiaries get a cash death benefit. If you live longer than the term period, you have the option to continue coverage for an annual, renewable premium, which is generally much higher. You can usually convert a term policy to a permanent one without getting a new medical exam.
There are two big ways that permanent life insurance is different from term. First, the policy is meant to last the rest of your life (as long as you make the required premium payments, of course). Second, part of the money you pay in is set aside in an account where it can grow cash value that you can tap into later on. There are several types of permanent life insurance, each with different advantages. Call today to learn about your options or request a free online quote.
Life Insurance is pretty simple. If you have Life Insurance and you pass away, your beneficiaries receive a cash benefit. They can use this for just about anything—paying off debts, replacing income that you're no longer providing and of course, medical and funeral expenses. The two basic kinds of Life Insurance are Term and Permanent.