Life insurance is an important policy as life is unexpected; you never know what’s going to happen from one moment to the next. Life insurance is a crucial product that can help your family in planning for you and your family’s future. Life insurance provides a lump-sum payment, income-tax free to beneficiaries in the event of the insured’s death. It can help your family pay off the mortgage, keep your business running, and send your children to college. There are several types of life insurance, the most common being term, whole life, and universal life. Please contact us and we will work with you to find a life insurance policy to meet your needs.
Questions you may be asking about Life Insurance include: What is Short Term Disability Insurance? What is Long Term Disability Insurance? What is Long Term Care Insurance?
What is Group Life Insurance? – Group Life Insurance is an employer sponsored plan in which the employer contributes to the cost of the employee’s premium. The employee names his/her beneficiary and will then receive a certificate of coverage. The policy can be terminated at the employer’s discretion.
Short Term Disability
What is Short Term Disability Insurance? – Short Term Disability is a policy that pays a percentage of an individual’s weekly salary for a specified amount of time if they are injured or sick and cannot perform the duties of their job. There are several options available for waiting periods and benefit periods.
Long Term Disability Insurance
What is Long Term Disability Insurance? – Long Term Disability Insurance is a policy that pays a percentage of an individual’s monthly salary for a specified amount of time if they are injured or sick and cannot perform the duties of their job. There are several options available for waiting periods and benefit periods.
Long Term Care Insurance
What is Long Term Care Insurance? – Long Term Care Insurance is a policy that will generally cover home care, assisted living, adult day care, and nursing home facilities to name a few. This type of policy will pay a specified dollar amount in the event that the insured cannot perform the basic activities of daily living such as dressing, bathing, eating, walking, etc.
Need insurance Laredo? Steve R. Trautmann Insures Laredo.