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Life Insurance
Invest and save for your next big goal in life.
Types Of Life Insurance Policies
There are four major types of life insurance policies. These life insurance types are Term Life Insurance, Whole Life Insurance, Universal Life Insurance, and Variable Universal Life Insurance
Term Life Insurance
Term life insurance is by far the least expensive type of life insurance policy to pay on a yearly basis. This makes it very attractive to people, but if you outlive the length of the term policy you do not receive any death benefit. If the insured person dies will the coverage is “in force”, which is during the covered length of the term, the beneficiaries will receive a full death benefit.
Whole Life Insurance
Whole life insurance is a type of life insurance that is meant to be permanent and last for an insured person’s “whole life”. Whole life insurance has a level premium structure (the premiums due are the same each year) and will build cash value over time. Whole life insurance is also eligible to receive dividend payments from the life insurance company.
Universal Life Insurance
Universal life insurance is a permanent form of life insurance. The difference between whole life insurance and universal life insurance is that universal life insurance has a flexible premium structure.
Variable Universal Life Insurance
Variable universal life insurance is similar to universal life insurance in that premium payments are flexible and the cost of insurance rises over time. The big difference between the two kinds of policies though is that variable universal life insurance has a cash value account that does not pay a fixed or guaranteed rate of return.
Healthy Saving Pot
Not all of us has the opportunity to have a health savings account, also known as an HSA, is a tax-exempt savings account that, when paired with a qualified high-deductible health plan (QHDHP), can be used to pay for certain medical expenses. Funds deposited are not taxed, nor are withdrawals for qualified expenses.
We can create your own version, give you the power to prepare for your future health needs.
Investment Plan
Let's plan out a better pathway for your money to grow instead of leaving it in the bank to not have growth.
Designed to meet the temporary health insurance needs of individuals and families. Accessible year round and even offers next day effective dates for those who qualify.
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Kinship Care Texas has no control over the rate information posted in the reviews above through various marketplaces and providers. Your plan could vary depending on your age, health, issuing company, and other factors. Not available in all states.