Life Insurance in Georgia

When you need life insurance, it's important not to put off the process. You need life insurance to ensure that your loved ones are cared for later. For those who depend on you, ensure you get your life insurance policy immediately. There are two main types of these policies, and both come with their own benefits. Call us at Garrison Insurance Group in Lilburn, GA if you need life insurance.

Term Life

This type of life insurance is relatively low-priced. It is often chosen because it tends to be more affordable for people on a budget. This insurance coverage works like any other- it pays a death benefit after someone passes away. However, it will only do that if the death occurs during the policy term. Term life is active for a set period. Once it has expired, you must get a new policy to stay covered. Some people don't want a policy that will expire, so they choose a different type. But for those who need to keep their expenses low, a term policy is usually what they're looking for.

Whole Life

Unlike a term life policy, a whole life policy never expires. As long as the policyholder keeps paying for the policy, it will keep covering them. Many people prefer this kind of insurance because they will never have to apply for a new policy. However, this life insurance type is much more expensive than the price of term life. However, it does come with another benefit. These policies grow a cash value that the policyholder can borrow should they ever need to. Many people like knowing that they have this in place in case of an emergency.

Get Insured

If you don't have your term life or whole life policy in place yet in Georgia, call us at Garrison Insurance Group in Lilburn, GA.