Term life insurance provides coverage for a specific amount of time. Learn about this type of coverage. If you want to purchase a policy, contact one of our Bryan Insurance Agency LLC representatives for assistance.

Whole Life 

A whole life insurance policy provides coverage throughout a person’s life. This type of policy often builds a cash value that can be borrowed against. Because a whole life insurance policy is valid for a long duration, this type of insurance coverage is often more expensive than the cost of a term life policy.

Term Life

A term life insurance policy will remain valid for a specific amount of time. The insured will be supplied with a fixed rate. This rate will not change while a term life insurance policy is valid. Once the term life insurance policy has expired, the insured will need to purchase a new policy if they would still like to be covered.

A term life insurance policy will not build a cash value that the insured can borrow against. Because a term life insurance policy is only valid for a specific duration, the coverage may be much more affordable than purchasing a whole life policy.

Additional Information

Consider how a term life insurance policy can benefit you. If you have young children, you may want to purchase a policy that will guarantee that your children will be financially supported if you die before they are legal adults. If you have teenagers who are in college, you may also benefit from having term life coverage.

Contact Bryan Insurance Agency LLC

If you want to purchase a life insurance policy, contact one of our agents who serve New Windsor, NY. An agent will outline the life insurance products that you can select from.