Life Insurance in South Jordan, Utah
Life insurance provides financial security and peace of mind. If you’re looking for affordable life insurance in South Jordan, UT, or nearby areas, Axis Insurance Agency can help.
Life Insurance Basics
There are many types of life insurance policies to choose from. Each type of policy comes with different advantages. Two of the most common types of life insurance are term life insurance and whole life insurance.
Term life insurance covers a set time period. For example, if the term is set for 30 year, your life insurance policy will expire when that time is up. Term life insurance policies often have low monthly premiums, which stay the same for the duration of the term. These policies are often good for young people who have small children, a lot of financial obligations, and fewer assets.
Whole life insurance never expires. These policies last until your death, no matter when that is. Whole life insurance policies also often include cash accumulation—this benefit can be used during your lifetime. Whole life insurance policies are usually good for older people with fewer financial obligations and more assets.
Finding The Right Life Insurance Policy
Axis Insurance Agency is committed to helping you find the perfect insurance policy for your lifestyle, budget, and goals. When choosing a life insurance policy, consider the following:
What are your monthly expenses?
How much does your family rely on your current income?
Do you or your family members have any medical conditions that require frequent treatment?
What are your assets?
How much debt do you have?
What obligations would your family face upon your death?
Do you want to pay for your children’s college education or leave behind an inheritance?
How much can you afford to spend each month on life insurance premiums?
At Axis Insurance Agency, we’ll help you find a policy that works for your family and your finances. Call us today at 801-446-4800 to learn more about your options.