The Facts About Texas Life Insurance

While we often joke that the only certain events in life are death and paying taxes, few people are comfortable actually talking about or planning for what will happen after they pass on. We expect to live a good, long life, planning to work out the details of our estate as we get older, but in reality that doesn't always happen. Accidents happen every day and no one is immune from getting a serious disease that takes their life. One easy action, that you can take today, is to buy a life insurance policy so that your dependents have enough money to live on when you're gone.

At Aurora Insurance Services, LP we are pleased to offer the most common kinds of life insurance: whole life and term life. A whole life policy provides coverage for the rest of your life or as long as you continue to pay your premiums. Term life insurance is great for those who want short-term coverage. A policy lasts from 10 to 30 years and is an affordable option for young families who, in the event that one parent passes away, will benefit greatly from the payout.

Having enough insurance is important; you need to consider how much your family needs to live on each month. Typically a policy that's at least ten times your income will be sufficient. This money can be used for final expenses and if your family invests the money well they may be able to live off of the earnings without worrying about keeping the lights on.

To get your questions about life insurance answered, for help deciding which type of policy is right for you or to lean how affordable life insurance is, contact our team at Aurora Insurance Services, LP today. We're always happy to serve you!