You’ve worked hard to build a life for yourself and others. But what if something were to happen to you? Wouldn’t you want to know that your beneficiaries were protected? Getting a term life insurance Alabama policy may help you do just that. Term Life insurance is designed to help secure your beneficiaries’ finances if something were to happen to you.
What can term life insurance Alabama do for you?
In the event of your passing, your designated beneficiaries would receive the benefits of your policy. They could use the money from the policy to take care of some of the financial needs they may have.
A term life insurance Alabama policy will help give you the security of knowing that your beneficiaries may be provided for when you are no longer there. And term life insurance Alabama may help keep your beneficiaries from having to deal with crippling debt.
What expenses can the policy cover?
Here are some of the things that can be paid for with the proceeds from a term life insurance Alabama policy:
* Mortgage payments
* School tuition
* Every day bills
* Credit card debt
* Funeral expenses
What lengths of policies are available?
A term life insurance Alabama policy may be purchased for a specific term, or time period. There are policies in terms available for 10 years, 15 years, 20 years and, in some cases, even 30 years.
How much does a policy cost?
A term life insurance Alabama policy could be competitively priced. The cost may depend on several issues, including your current health status and whether you smoke.
How much should I be covered for in a policy?
The right policy amount will depend on a variety of factors, including your current income and assets, your current debts and the number of your beneficiaries. Every person’s situation may be different and we suggest talking to a licensed agent to find the correct amount for you.
What is the difference between term life and whole life insurance policies?
Generally, the two most common types of life insurance policies are whole life insurance and term life insurance. Term life insurance covers a specific term or time period. Standard policies may include terms for 10years, 15 years, 20years and,in some cases, even 30-years. Whole life policies,on the other hand, usually have an investment component andmay generally bemore expensive than term life insurance policies.
Where is term life insurance offered in Alabama?
Alabama life insurance policies may be available throughout the entire state, including these cities and towns:
| Alabaster | Enterprise | Madison | Saraland |
| Albertville | Eufaula | Mobile | Scottsboro |
| Alexander City | Fairfield | Montgomery | Selma |
| Anniston | Fairhope | Mountain Brook | Smiths |
| Athens | Florence | Muscle Shoals | Sylacauga |
| Auburn | Fort Payne | Northport | Talladega |
| Bessemer | Gadsden | Opelika | Tillmans Corner |
| Birmingham | Hartselle | Oxford | Troy |
| Center Point | Homewood | Ozark | Trussville |
| Cullman | Hoover | Pelham | Tuscaloosa |
| Daphne | Hueytown | Phenix City | Vestavia Hills |
| Decatur | Huntsville | Prattville | |
| Dothan | Jasper | Prichard |
Our registered agent and registered address in Alabama is as follows:
National Registered Agents, Inc.
150 South Perry Street
Montgomery, AL 36104
"Did you know that since 2005 the percentage of U.S. adults without life insurance has nearly doubled?"*
