Life Insurance in Mansfield, Texas
Everyone likes to hope that they will live a long, healthy life—but sometimes that’s not the case. While it might seem morbid to think about your death, it’s important to consider what will happen to your family and loved ones after you die.
Will they be able to afford the house or pay for basic living expenses?
Life insurance can help lighten the financial burden. At Farmers Insurance – Crystal Schuder Agency, we understand that this is a sensitive topic. We will work with you to help you find the best life insurance policy for your needs and budget.
Why Do You Need Life Insurance?
Life insurance offers you peace of mind knowing that your family and loved ones are protected should you unexpectedly die.
Depending on the policy you choose, it could cover funeral expenses and assist your children, partner/spouse, or any other dependents you have financially. If your family relies on your income to pay the mortgage or afford living expenses, it’s important to get life insurance in Mansfield, Texas, or whatever city you live in, so that your family is supported.
Types of Life Insurance Coverage in Texas
Farmers Insurance – Crystal Schuder Agency offer three types of life insurance.
Term Life Insurance
With term life insurance, you pay a low premium for a set period—usually for a term of 10, 20, or 30 years—and then once the term ends, the premiums will typically increase. As long as you pay your premiums, you’ll have life insurance coverage even after the term is over.
This is a great option for people who have a set budget and would like to keep their premiums low. The shorter the term (e.g. 10 years) the lower the premiums will be. It’s worth noting, however, that premiums are calculated based on risk of death, so the older you get, the more expensive the premiums will be.
Whole Life Insurance
This type of life insurance is permanent, meaning you are insured throughout your lifetime or until the policy matures. Given that you pay your premiums, the premiums will stay the same as long as the policy is active.
Over time, permanent life insurance typically accumulates a cash value that you can access should you need it while you are still alive.
Universal Life Insurance
Universal life insurance is also a type of permanent insurance that can accumulate a cash value, but it’s more flexible. You have the option to tailor the policy to meet your needs as your priorities shift throughout your life. This includes flexible premiums and the cash amounts available.
Why Choose Farmers Insurance – Crystal Schuder Agency in Mansfield, Texas?
If you’ve been searching for the right life insurance agent near you—whether you live in Mansfield, Fort Worth, Arlington, Kennedale, Midlothian, Burleson, or the surrounding areas—Farmers Insurance – Crystal Schuder Agency can help.
With comprehensive coverage and services provided by Farmers Insurance – Crystal Schuder Agency, you can sleep soundly at night knowing that your loved ones are protected should something ever happen to you. To learn more about our life insurance in Mansfield, Texas and the surrounding areas or to get a quote, please feel free to contact us today!