Types of Life Insurance Policies
Valentine's Day is just around the corner. Cue the frantic search for the perfect gift. Many will spend the weeks leading up to Valentine's Day racking their brains and local department stores for a gift that tops last year's prize, but could they be looking in the wrong places.
This year, instead of defaulting to the old standbys -flowers and candy, try life insurance. Life insurance can help secure the financial future of those you hold most dear, and according to a LIFE Foundation survey, 83% of consumers think that buying life insurance for a loved one is a good way to express your feelings to that special someone.*
If that's not enough, consider these additional reasons why life insurance could be an excellent gift this February.
Candy gets eaten. Flowers will eventually die, but a life insurance policy can last a lifetime. Buying a term or permanent policy for your valentine means that you'll be giving a gift that's designed to stand the test of time, helping to protect them financially for years to come. For American General Life customers, term life insurance policies can be bought for a period as short as 10 years or as long as 30, and permanent life insurance policies don't have an expiration.
Life insurance doesn't have to come with a big price tag. There are policies of different types and lengths that can serve many needs. American General Life can offer $250,000 of term life coverage for only $14 per month to start. It's likely that you will be able to find a life insurance policy for your valentine that fits your budget.
Life insurance is inextricably bound with love. Life insurance is bought to help protect our loved ones, to make sure they feel secure and to show them we care. While it's undoubtedly a practical gift, it is equally romantic. Helping to protect the ones we love requires thoughtful planning and compassion.
If you're starting now, your life insurance policy likely won't be finalized by Valentine's Day, but don't let that stop you. The day of love can be the reason for you to make this jump. To learn more about life insurance for you and your family, request a quote today or call an agent to start a conversation at 800-294-4544.