California Life Insurance

Life insurance protects your family in case of your death by providing funds to pay outstanding debts - including medical bills and taxes - as well to cover income loss. Under a Term Life Insurance contract, the insurance company promises pay your beneficiaries a sum of money in the event that you die within a period of time defined in the contract (such as 5, 10, 15, 20 or 30 years).

Under a Permanent Life Insurance contract, a portion of the money you pay in premiums is invested in a fund that earns interest on a tax-deferred basis. Over time, your policy will accumulate a "cash value" that you can use during your lifetime. For instance, you can borrow against the value of your policy. Moreover, you can design a Permanent Life contract that will accumulate enough cash so as to be "paid up" by a certain age (e.g., "Paid Up at Age 65").

The premium you pay to keep a contract in force is based on the type of life insurance you buy, the amount you buy and your chance of death while the policy is in effect.

Your California life insurance needs can change over a lifetime. At any age, you should consider your individual circumstances and the standard of living you wish to maintain for your dependents. In most cases, you need life insurance only if someone depends on you for support.

Take the first step toward California life insurance planning by asking yourself these questions: What are your financial assets (e.g., savings and investments)? What are your liabilities (e.g., mortgage, credit card debt, business or student loans)? What are your monthly household expenses (e.g., property taxes, homeowners insurance, utilities, groceries, cable or satellite TV, Internet access, house cleaning)? What is the monthly cost of clothing, education, sports, hobbies and private tutoring for your children?

For your FREE California Life Insurance quote, click the apply tab and fill out the requested information. We will contact shortly with the life quote and spend time answering any questions that you might have.