Prepare for your families future with a Life Insurance Policy from Sullivan Insurance

When planning for the future, it is important to make sure you are protected financially in case of disaster. That is why the insurance professionals here at Sullivan Insurance are always willing to answer any questions you may have about life insurance.

The major decision you need to make when shopping for life insurance is which of the two types is best for you. The two types, whole and term life insurance, are used in different situations depending on what makes most sense for you.

  • The major differentiating factor of term life insurance is that the coverage expires. The benefit of only having the coverage for a specified period of time is that the premiums are often quite low.
  • With whole life insurance, you pay higher premiums, but are guaranteed to receive disbursement. Whole life insurance, unlike term life insurance, is able to build equity and can have a cash value.

Deciding between these two types of life insurance can be overwhelming and we are here to answer all of your insurance questions. Call us today to speak to a representative about your life insurance options.