Rumlin Insurance Agency: Life Coverage for All Texans
Some people think life insurance is an extravagance only for the wealthiest among us. Some people think they don’t need life insurance because they don’t have kids or other dependents or because they’re not married. In any of these circumstances, opting not to purchase life insurance coverage is a mistake.
What Happens if You Die Without Life Insurance?
If you are a parent, have you ever worried about what would happen to your kids if you died unexpectedly or after a long sickness? If you’ve never thought about such things, you should. Would there be enough money for your spouse to pay the bills? What about sending the kids to college? What about the student loans you still haven’t paid back? Then, of course, there’s your funeral and related costs. What about those?
Would your family have enough money without needing loans? Might your family go bankrupt without your income? Life insurance offers a practical answer to such issues. With proper life insurance coverage, you’ll gain the self-assurance that comes with knowing the insurance payments will take care of your family if you leave them behind. They’ll already be shattered by your death. Don’t compound their grief with inadequate life insurance.
What if you don’t have children, though? If you’re married without children, it’s still important to think about how your death would impact your spouse and household financially.
Maybe you’re not married. Does life insurance still matter? Ask yourself: How would your death impact the finances of any loved ones forced to go on without you?
Rumlin Insurance Agency is Your Life Insurance Provider in Jacksonville, FL
At Rumlin Insurance Agency, we understand that the process of selecting the right life insurance can be confusing—perhaps a little overwhelming for some. Not to worry. We are dedicated to delivering top-notch customer care.
We offer a broad range of optional life coverages in Jacksonville, FL and beyond. Our life insurance and personal financial products include:
• Whole life
• Universal life
• Variable life
• Term life
• Long term care
• Financial products
When you shop Rumlin Insurance Agency for life insurance, you get attentive, personalized service every step of the way. We’ll answer your every question and won’t be satisfied until you understand everything you need to know to make informed decisions about life insurance.
Individual Life Insurance
Life insurance from Rumlin Insurance Agency can help you secure your family's financial future and maintain a comfortable standard of living by providing the funds they need to: cover burial expenses, pay uninsured medical bills, pay off your mortgage, and other outstanding debts.
There are a variety of life insurance policies that we can provide. The kind of life insurance you choose depends on your needs:
Term Life Insurance
Term life insurance is a low-cost way of providing maximum coverage for your family. Protection is provided for a limited number of years. The insurance expires without value if the insured lives beyond the policy period, usually 5 to 20 years. Other policy life periods are available, including a one-year annual renewable term.
Term insurance premiums will not increase during the guaranteed policy time (term) you select. Term life insurance pays a death benefit only if you die during that term. Term insurance generally provides the most insurance protection for your premium dollar.
Term life insurance remains in force for as long as premiums are current, provided there are no misrepresentations on the application. The insurance coverage terminates if you discontinue your premium payments.
Universal Life Insurance
Universal life insurance gives policyholders flexibility. You can determine the amount and frequency of premium payments (i.e., the more you pay, the less time you will need to pay). Your premiums cover the insurance part, the savings or investment element, and the expense part.
The stated interest on the investment portion changes along with movement in interest rates; moves in 1/4 % interest steps are typical as banks and other financial institutions make similar moves.
Whole Life Insurance
Whole life insurance provides permanent protection for the whole of life, from the date of policy issue to the date of the insured's death, provided the premiums are current. Premiums are set at the time of policy issue and remain level for the policy's life. Unlike term insurance, whole life combines insurance protection and savings or cash value, which builds over time.
Cash value build-up may provide a source for living benefits, for example, helping pay off a mortgage, or a child's education, or cash surrender value if you cancel the policy.
At Rumlin Insurance Agency, we’ll make sure you get the security you need and the peace of mind you deserve at a competitive price. If you’re ready to see how much you could save on Jacksonville, FL life insurance, call Rumlin Insurance Agency today at (904) 764-1753!
For a free online life insurance quote, fill out our online quote form on this page.