Life Insurance in Missouri

If you have dependents and assets, you should consider life insurance so that those expenses are covered for them in the event of your death. Instead of a monthly income, your dependents would receive an insurance benefit to cover funeral expenses and other expenses and needs upon your death.

Still, Missouri residents will have many questions on what kind of life insurance to get and how much. That is what we are here for. At Swartz Premier Group Insurance, we want Columbia and Moberly, MO residents to have peace of mind when they worry about their dependents later in life.

There are two kinds of insurance to consider.

Term Life Insurance

Term life insurance is coverage that you will have for a specific term or length of time. In the event of your death during that term, your beneficiaries will receive a death benefit and income for expenses, depending on the amount of your coverage. Terms for term life insurance are usually 5, 10, or 20 years and are available up until the age of 65.

Permanent Life Insurance

Permanent life insurance is insurance that builds in cash value. It functions as an asset that you can withdraw from during your lifetime, or you can let it build in cash value until your dependents claim a death benefit.

There are a few different kinds of permanent insurance:

• Whole life insurance: Premiums stay the same, and dividends are paid to the customer
• Universal life: Premiums are invested into bonds
• Variable life: policyholder gets more control over where the cash value is invested

Get a Quote from Swartz Premier Group Insurance

When you are looking for life insurance in Missouri, you will have many questions, and the process can feel confusing and overwhelming. At Swartz Premier Group Insurance, we take on the overwhelming and confusing part of life insurance so that you don't have to worry about anything but your dependents and what they need.

Contact us for a quote today, and we'll get those questions answered.