Crocker Life Insurance Greenville SC offers all varieties of life insurance, including term life, whole life, and final expense.
Term Life Insurance
Term life, as the name implies, is life insurance that is good for a set term, usually between ten and thirty years. Why would anyone want life insurance that eventually expires? Because your need for life insurance changes as you get older. Take a typical example of a young couple in their late twenties or early thirties. Now imagine that they have two small children of preschool age and have just bought their first home. In this scenario, the greatest need for life insurance is before the children grow up to leave the home and while the couple still owes a sizeable amount on their mortgage. If the unthinkable happens and the primary breadwinner in the household dies uninsured while the children are young, the surviving spouse could be left with both crushing debt and the responsibility of providing for the children alone. Add to this the fact that the children may need funds for a college education, and it is easy to see how valuable a well-thought-out life insurance plan can be. For the cost of a dinner once a month, the primary breadwinner could purchase a twenty or thirty year term policy that ensures that the surviving spouse and the children are well taken care of in the event of his or her passing.
Whole Life Insurance
Whole Life Insurance is also called permanent insurance. The word “permanent” is used because whole life insurance, unlike term life insurance, generally covers the insured for his or her entire life. Another difference between term life and whole life is that term life does not accrue cash value, while whole life insurance does. Because of the cash value factor, premiums for whole life policies are almost always significantly higher that term life for the same death benefit.
Final Expense
Final expense insurance is a form of whole life (permanent) insurance. It generally refers to smaller death benefits ($25,000 or less) because the purpose, as the name implies, is to pay for funeral costs and not much else.
Life Insurance Greenville SC
Liberty Mutual, 10 Patewood Dr #120, Greenville, SC 29615
Herlong Bates Burnett Insurance, 28 Global Dr, Greenville, SC 29607
Direct Auto and Life Insurance, 2102 Laurens Rd C, Greenville, SC 29607
Protective Life Corporation, 2000 Wade Hampton Blvd, Greenville, SC 29615
Liberty National Life Insurance Corporation, 25 Woods Lake Rd Ste 703, Greenville, SC 29607
Kendall & Associates Insurance, 38 Pointe Cir, Greenville, SC 29615
New York Life Insurance Company, 14 Airport Rd, Greenville, SC 29607
Sterling Life Insurance Company, 1901 Laurens Rd # H, Greenville, SC 29607
Lincoln National Life Insurance Company, 870 S Pleasantburg Dr, Greenville, SC 29607
South Carolina Insurance Brokers, 84 Villa Rd #200, Greenville, SC 29615
Advisors Insurance Agency, 2702 E North St, Greenville, SC 29615
Allstate Insurance: Jeremy Ford, 1020 Woodruff Rd c, Greenville, SC 29607
Northwestern Mutual, 501 E McBee Ave, Greenville, SC 29601
Palmetto Insurance, 880 S Pleasantburg Dr #3-B, Greenville, SC 29607
Western & Southern Life, 330 Pelham Rd #109b, Greenville, SC 29615
Modern Woodmen of America, 1326 Haywood Rd # 102, Greenville, SC 29615
Nationwide Insurance, Stansell Agency, LLC 700 Woodruff Rd Ste 1, Greenville, SC 29607
Life Insurance Greenville SC
