Purchasing life insurance is an important decision, and not one that should be made just because you’ve been told it’s a good idea. One of the best things that you can do is help protect the ones you love most even when you’re gone. Whether you don’t want your family to have to pay for your funeral, you want your house paid off after you go, or you want to make sure that your spouse has living expenses covered. Life insurance is that security blanket which will continue to cover and protect the most important people in your life, when you yourself no longer can.

Life insurance can sometimes feel like a confusing topic, so sitting with one of our life insurance agents can be helpful. They can walk you through the policies that will best fit your needs and help you decide how much coverage you should have. With there being many different types of policies it’s possible for virtually anyone to find something in their budget. When you talk with a Goldenwest agent, you can be assured that you are getting life insurance for the right reasons. Our agents will go through your personal needs and circumstances with you to determine how much coverage your loved ones will need if you are gone as well as what insurance is best for you.

Goldenwest Insurance Services offers both Term Life Insurance and Permanent Life Insurance.

Term Life Insurance is coverage that lasts for a specified amount of time and this is the most straightforward life insurance plan. The policy holder decides how long of a term they want to purchase (generally 5 to 30 years) and how much of a death benefit they want their beneficiaries to receive. The policy holder pays a monthly premium, which tends to be lower than other types of life insurance plans.

Permanent Life Insurance is coverage that last as long as the premium is paid. There are many different types of permanent life insurance such as universal, whole, and variable. Other than not expiring, the main thing they all have in common is that the money put into the policy can be an investment vehicle. This can be a great asset for those who have a hard time saving money, and you can secure a good future for yourself and loved ones after you’re gone at the same time. The type of permanent plan you choose changes certain options such as the ability to change the premium and death benefit or how your money is invested.

Life insurance will help take some of the financial burden off your loved ones once you pass and it doesn’t take long to find the policy suitable for your needs. Speak with a Goldenwest Life Insurance agent to see which type of plan is best for you!