Life Insurance in Virginia & Maryland
Beacon
Life Insurance
- What Is It?
- Who Needs It?
- Coverages Offered
In their most basic form, life insurance policies provide death benefits to designated beneficiaries.
These are just a few examples of when life coverage may be useful. An insurance agent who specializes in this coverage can help residents evaluate their coverage needs according to their particular situation.
Duration: Term life usually provides coverage for a defined amount of time, while whole life normally is intended to provide courage throughout the duration of a policyholder’s life.
Features: Term life usually only provides death benefits, while whole life often provides these and a savings program.
Premiums: Term life usually has low premiums that don’t change, whereas whole life premiums frequently increase as a policy ages. The savings within a whole life policy frequently help cover the rising premiums, however.
Beacon Insurance Group is Here to Help
For decades, Beacon Insurance Group has been providing quality and affordable insurance coverage to the good people of Virginia and Maryland. Our team has carefully handpicked reputable insurance companies that we are confident can provide you with the security and peace of mind that you deserve.
Whether you are a business owner or looking for protection in your everyday personal life, we know that you don’t have the time to worry about your insurance programs. That’s what we are here for. At Beacon Insurance, we do the digging to find you the best possible coverage at the best possible price.
It’s incredibly important to us that we continually provide you with expertise and that personal touch that you are looking for when it comes to finding high-quality life insurance.
Fill out the form to get in touch with a specialized life insurance agent and we will get you the superior customer service that you deserve!
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What is Life Insurance?
Few things in life are more certain than the end, and the end is something that everyone should prepare for. In many cases, purchasing life insurance is an important part of preparing for the end. Insurance offers Virginia and Massachusetts residents a way to make sure their loved ones are financially taken care of.
In their most basic form, life insurance policies provide death benefits to designated beneficiaries. Some policies also offer savings programs.
Who in Virginia & Maryland Needs Life Coverage?
Most Virginia and Maryland residents should consider whether life coverage is right for them, and many will likely conclude that they should have a policy.
Parents and spouses may want a policy to make sure their families are taken care of, and grandparents may want to leave college tuition for their grandchildren. It also often makes sense to insure a familial caregiver, in case their passing forces parents to begin paying for childcare.
In some cases, essential business partners may even want insurance to protect their fellow partners’ investments. Insurance can provide a financial return if a partner’s unfortunate death forces a business to shut down.
These are just a few examples of when life coverage may be useful. An insurance agent who specializes in this coverage can help residents evaluate their coverage needs according to their particular situation.
How Are Term Life and Whole Life Coverage Different?
Term life coverage and whole life coverage differ in a few prominent ways:
- Duration: Term life usually provides coverage for a defined amount of time, while whole life normally is intended to provide courage throughout the duration of a policyholder’s life.
- Features: Term life usually only provides death benefits, while whole life often provides these and a savings program.
- Premiums: Term life usually has low premiums that don’t change, whereas whole life premiums frequently increase as a policy ages. The savings within a whole life policy frequently help cover the rising premiums, however.
How Can Virginia & Maryland Residents Get Life Insurance?
For help purchasing life insurance in Virginia or Maryland, contact Beacon Insurance Group. Our independent insurance agents have helped many residents find life coverage, and we’re ready to assist you.
What are the Advantages of Working with an Independent Agent like Beacon Insurance Group?
This is a question that we hear all the time – and that’s okay! – because we know that the insurance world can be confusing. That’s why we are here to help you.
Securing your insurance through an independent agent rather than buying straight from an insurance company is similar to hiring a lawyer before going to court, rather than defending yourself. Just like lawyers, independent agents have the knowledge of the entire industry with attention to important, cost-saving details that only come with years of experience.
But, UNLIKE lawyers, going through an independent agent not only comes with no extra charge, but it can often SAVE you money by being able to shop your needs to many different insurance companies, and also by ensuring that you are only being covered for what you need.
Independent agents are your helping hand in your journey through the overwhelming insurance world. We are real human beings that are equipped with the knowledge, expertise, and friendliness to help make your life easier, especially in tough times. We recommend you submit a form on this page to talk to one of our agents for free – at your convenience!
