With so many life insurance policies out there, how do you know which one is right for you and your family? At G&G Insurance, Inc., we can help. Our dedicated life insurance professionals know Georgia’s market and regulations.
We’ll help you come up with the right plan for your specific needs. You can be sure that with us, you’ll walk away with confidence, knowing that you have made an informed choice that is great for your family and your budget.
The Essential Ingredient For A Sound Financial Plan Let us help you protect yourself and the ones you love. The proceeds from your life insurance policy can be used as a significant financial resource that will help pay your home’s mortgage, support the household and provide your dependents with exceptional security.
Let us provide a customized, No-Obligation Quote for you.
Or call us a 229-435-2427.
What is the difference between term life insurance and whole life insurance?
Whole Life Insurance
• Can be used in retirement as cash assets
• Can provide equity and have cash value
• Higher premiums than term life
Whole Life Insurance is often used in retirement years as a cash asset. It can also provide equity for loans and offers fixed payments. Often, this type of insurance will pay dividends, though not always.
Term Life Insurance
• Provides coverage for “term” or period of your life
• Lower premiums for higher coverage
• Rates may change after terms expire
• No equity
This type of life insurance is great for people who need specific coverage for a period of their life. Homeowner’s with children might opt for this option to cover their mortgage and living needs until their children are old enough to leave the house.
Term and Whole Life Together
• Lifelong base of whole life coverage
• Supplement for specific times of your life with term insurance
Together, you can build a lifelong base of whole life coverage, with supplement for specific periods of you life if you need it.