Life Insurance
Vivid Multiservices term life insurance
Life Insurance Policy It is difficult to find affordable, quality life insurance in Florida and California. It’s one of the reasons why so many people here either have no life insurance policy, or perhaps are stuck with a plan that simply doesn’t match their needs. If you found out you can get the right life insurance in Florida or California without the hours of effort, would you be interested? We can help you better understand the benefits of Life Insurance and tailor an insurance policy to your needs at your budget. Look over our site, use the information and request a commercial quote online or contact one of our licensed agents by calling (786) 377-5077.
Term life insurance is often the most affordable coverage and straightforward form of protection, because it offers protection for a particular number of years. Vivid Multiservices offers a diversity of affordable term life insurance products to fit your needs, time frame and budget. Whole Life Insurance offers permanent protection with premiums that never increase, whole life allows you to provide for your family even when you can’t be there for them. Life insurance helps you plan ahead and provide long-term financial security for your family when they will need it most. You can’t put a dollar amount on your loved ones, but a life insurance policy can help ensure their future is protected. Figuring out how much insurance you need is not as overwhelming as you may think. Determine how much coverage you need and how long it’s needed, and Vivid Multiservices can provide an affordable life insurance policy that is the perfect fit for you, your family and your budget. Give us a call us at (786) 377-5077 and get the satisfaction of knowing your loved ones are protected.
What is Term Life Insurance?
Term life insurance provides coverage for a specific period of time, or “term” of years. If the insured person dies within the “term” of the policy and the policy is still in force (active), then the death benefit is paid out to the beneficiary.
This type of insurance typically allows clients to initially purchase more insurance coverage for less money (premium) than other kinds of life insurance. Vivid Multiservices’s “Buy Term and Invest the Difference” philosophy encourages clients to take this “difference” in premium and invest it for the future.
Do I Need Life Insurance?
If anyone is depending on your income or if you have obligations (debt, mortgage, etc.) that would fall to someone else to handle if you were to die, then the answer is, “Yes.”
Life insurance acts as a substitute for income. Have you ever calculated how much you’ll earn in your lifetime? Typically, over the course of your working years, the answer is usually “a fortune.” The potential risk of losing that earning power – earnings you’ll need to fund your family’s biggest goals like buying a home, paying for your kids’ education, reducing debt, saving for retirement, etc. – especially at the early or mid-point of those years, is what makes life insurance a necessity for most people.
THE VIVID MULTISERVICES DIFFERENCE
With the latest technology and underwriting processii, we can offer clients an easier, straightforward and convenient way to purchase term life insurance – all with the personal support of our licensed Vivid Multiservices representatives.
Advanced technology can provide an underwriting decision with actual rates in real-time in many cases.
Policies are written in plain language, so terms and conditions are easy to understand.
Faster processing of applications.
Receive personalized service from a licensed Primerica representative in the local area.
A local representative is ready to help you find the best term life insurance product for your unique needs.
VIVID MULTISERVICES TERM LIFE INSURANCE OFFERS AFFORDABLE PROTECTION
You need term life insurance. A common misconception about life insurance is that it is a permanent need for each family. Many financial experts see life insurance as a tool to “buy time” until you accumulate savings – and not as a permanent fixture of your financial life. Term life insurance is generally much more affordable in the initial years to provide the right amount of coverage you really need for your family.
WHEN SHOULD YOU PURCHASE LIFE INSURANCE?
People sometimes delay purchasing life insurance even though it exists to protect their loved ones’ well-being – and they do so for several reasons. Death isn’t something we like to think about. It’s uncomfortable to consider what could happen to those who most care about you. Some people have the mistaken belief that there’s no hurry. It’s always something they can deal with tomorrow. But, none of us knows what tomorrow will bring.
The fact is that the younger you are, and the better your physical shape, the less expensive life insurance will be. And, remember, this should not be an “Internet decision,” but a face-to-face (whether virtual or in-person) decision with an insurance professional to fully assess your insurance needs, answer your questions, and help you make the decisions you need to make to protect your family. Buying life insurance has never been easier – and the time to buy is now.
GROUP INSURANCE THROUGH WORK MAY NOT BE ENOUGH
Many employers carry a group life insurance policy for their employees. If that’s the case for you, is it really necessary to own an individual policy? Group insurance can play a role in protecting your family, financially, but it’s only a small part of that protection. Group insurance typically only covers one to two years’ salary, is owned by your employer and usually only covers you while you remain employed. If you leave that job or get laid off, your employer-sponsored coverage ends. With a Primerica term life insurance policy, you’re covered until age 95 and your policy remains in effect as long as you keep your premiums current.
HOW MUCH LIFE INSURANCE DO YOU NEED?
If your family is like most, the answer to that question is probably more than you currently have. Ten times your annual salary is a good rule of thumb. Your Primerica representative can help you determine how much life insurance you need, and many other questions you might have about your household finances, with a Financial Needs Analysis (FNA)