Life Insurance
LIFE INSURANCE
Prepare your Family for a better future from the unexpected.
Life insurance provides a sum of money to replace lost income after your death. In return, you make periodic payments, called premiums, to fund the policy. Life insurance can give you and your family peace of mind, knowing that your loved ones will be provided for, no matter what.
Choosing the perfect life insurance plan depends on your financial needs and health status. Larenco will assess all factors and guide you through every option until we find the perfect plan for you. No matter what the results of your medical examination are, we will find the insurer that will provide you with the best rating class and the lowest premiums.
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Types of Life Insurance
Term Life Insurance
Term Life Insurance is insurance that covers you for a pre-specified number of years or terms. (Term length examples: 10,20, 30 years.)
Permanent Life Insurance
a policy that is more complex than a term life insurance policy that involves factors with different benefits.
Whole Life Insurance
is the most common type of permanent life insurance, and it covers you until you die. It also provides a cash value account that can be used for any reason while you’re still alive and the dividends are tax-deferred.
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