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    • Home
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    • Term Life
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    • Blog
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  • Home
  • About
  • Services
  • Whole Life
  • Term Life
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Protect your family with Best Fit Life Insurance

What Is Covered Under Whole Life Insurance?

What Is Covered Under Whole Life Insurance?

What Is Covered Under Whole Life Insurance?

 

Whole Life provides  life-long financial protection  to your loved ones while building a cash value you can use during your lifetime. It is great for any age because secures life-long protections and helps create a legacy for the people you love at a fixed price.


Here are the key aspects of what Whole Life insurance covers:

  • Death Benefit: The primary purpose of whole life insurance is to provide a lump-sum payout to your beneficiaries if you pass away during the policy's term. educational costs, and daily living expenses. 


  • Flexible Coverage: You can choose the coverage amount (death benefit) that best suits your family's needs. Whether you want financial security for your spouse, children, or dependents, term life insurance allows you to customize your policy accordingly. 

 

  • Builds Cash Values:  The cash value portion of a whole life policy takes a part of your premiums and lets it grow at an attractive rate of return. You can borrow from the cash value during your lifetime for any reason you choose.  
  • Debt Repayment: It can help beneficiaries pay off outstanding debts, ensuring financial obligations don't burden them. 


Benefits of Having Whole Life Insurance

What Is Covered Under Whole Life Insurance?

What Is Covered Under Whole Life Insurance?

 

  • Life-long Coverage:  whole life insurance stays in place your whole life. It’s guaranteed to never expire, as long as you pay your premiums. And, those premiums are guaranteed to never increase. 


  • Great for all ages:  Whole Life insurance is beneficial for adults in their 20s up to adults past retirement. The younger you are when you purchase Whole Life Protection for your family, the cheaper you can guarantee that your fixed rate will be. Don't wait until you retire to think about Life Insurance. 


  • Peace of Mind:  Knowing that your loved ones will be cared for in case of the unexpected brings comfort to you and your family. 


  • Affordability: Whole life insurance offers substantial coverage at an affordable price, making it accessible to individuals with various budgets.

Protect What Matters Most

We’re here to help you find a solution that best fits your needs and your budget

 Best Fit Life Insurance listens to your needs, diligently search for the best coverages & price options, and provides continuous support so you know you can always trust us with your family’s financial future for now and for generations to come. As our client, you will have a personal, dedicated life insurance agent to provide you with support through any life changes. 

Let’s schedule a FREE, no-pressure consultation and find out how painless protecting your loved ones

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Let’s schedule a FREE, no-pressure consultation and find out how painless protecting your loved ones can be.

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Best Fit Life Insurance

Florida, United States

954-621-4227

Hours of Operation Mon - Fri: 9AM - 4PM

 Additional evening and weekend appointment scheduling available. 


Copyright © 2024 Best Fit Life Insurance - All Rights Reserved.

 Florida Department of Financial Services Agency License Number L125462 

Florida Department of Financial Services License Number W655958

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